Deepwater Haina: Pre-disclosure announcement on reduction of shares held by senior managers
Securities code: 300961 Securities abbreviation: Shenshui Haina Announcement number: 2026-042
Deepwater Haina Water Group Co., Ltd.
Pre-disclosure announcement on reduction of shares held by senior managers
Mr. Guo Teng, the deputy general manager of the Company, guarantees that the information disclosed to the Company is true, accurate and complete and contains no false records, misleading statements or major omissions.
The company and all members of the board of directors guarantee that the content of the announcement is consistent with the information provided by the information disclosure obligor. Special tips:
Mr. Guo Teng, the company's deputy general manager, who holds 355,730 shares of Shenshui Haina Water Group Co., Ltd. (hereinafter referred to as "Shenshui Haina" or the "Company") (accounting for 0.2007% of the company's total share capital), plans to reduce his total holdings of the company's shares by no more than 88,933% through centralized bidding or block trading within 3 months after 15 trading days from the date of this announcement. shares (accounting for 0.0502% of the company’s total share capital).
The company recently received the "Letter of Notification on Share Reduction Plan" from Deputy General Manager Mr. Guo Teng. In accordance with the "Shenzhen Stock Exchange Self-Regulatory Guidelines for Listed Companies No. 2 - Standardized Operations of GEM Listed Companies" and "Shenzhen Stock Exchange Self-Regulatory Guidelines for Listed Companies No. 18 - Reduction of Shareholdings by Shareholders, Directors and Senior Management" and other relevant regulations, the specific situation is now announced as follows:
1. Basic information on shareholders who plan to reduce their holdings
Name Position Total shareholding (shares) Proportion of total share capital of the company Guo Teng Deputy General Manager 355,730 0.2007%
2. Main contents of this shareholding reduction plan
Reason for reduction: personal capital needs;
Source of shares: shares before initial public offering;
Ways to reduce holdings: Select opportunities to reduce holdings through centralized bidding or block trading in the secondary market of the Shenzhen Stock Exchange;
Holding reduction period: Within three months after fifteen trading days from the date of the company’s pre-disclosure announcement of the company’s current holding reduction plan (no reduction in holdings during the window period);
Number and proportion of shareholding reduction: This time, the plan is to reduce the company's unrestricted tradable shares to no more than 88,933 shares, accounting for no more than 0.0502% of the company's total share capital. The amount of this reduction is strictly controlled within the limit that Mr. Guo Teng can reduce this year (25% of the total shareholding), and does not violate the annual reduction ratio limit for senior managers. If the company undergoes stock capital changes such as bonus shares, capitalization, allotment, etc. during the reduction period, the number of shares reduced will be adjusted accordingly;
Holding reduction price: determined based on the secondary market price and transaction method at the time of holding reduction;
As of the disclosure date of this announcement, Mr. Guo Teng does not have the circumstances stipulated in Articles 5 to 9 of the "Shenzhen Stock Exchange Self-Regulatory Guidelines for Listed Companies No. 18 - Reduction of Shareholdings by Shareholders, Directors and Senior Management Personnel".
The relevant commitments made by Mr. Guo Teng, the company’s shareholder and senior manager, in the company’s “Initial Public Offering of Stocks and Listing on the GEM Prospectus” are as follows:
(1) Within 12 months from the date of the company's issuance and listing, I will not transfer or entrust others to manage the company shares I indirectly hold, nor will the company repurchase the company shares I indirectly hold.
(2) While serving as a director or senior manager of the company, the shares I transfer each year shall not exceed 25% of the company shares indirectly held by me. Within six months after leaving my job, I shall not transfer the company shares indirectly held by me; if I resign before the expiration of my term, I shall transfer the shares before taking office as a director or senior manager. During the term of office determined at the time and within 6 months after the expiration of the term, the company will continue to abide by the following restrictive regulations: ① The shares transferred each year shall not exceed 25% of the company shares indirectly held by the person; ② The company shares indirectly held by the person shall not be transferred within six months after leaving the company; ③ The provisions of the "Company Law" on the transfer of company shares.
(3) If within 6 months after the listing of this issuance, the company’s stock price increases for 20 consecutive If the closing price on each trading day is lower than the issuance price (if there is an ex-rights and ex-dividend event, the issuance price will be adjusted accordingly, the same below), or the closing price at the end of the 6-month period after the listing of this issuance (if that day is not a trading day, then the first trading day after that day) is lower than the issuance price, the sales restriction period of the company shares indirectly held by me will be automatically extended for 6 months, and during the aforementioned extension period, I will not transfer or entrust others to manage the company shares I indirectly hold, nor will the company repurchase the company shares I indirectly hold.
(4) If I reduce my holdings of the company's shares indirectly held by me within two years after the expiration of the lock-up period, the reduction price shall not be lower than the issue price. The reduction methods include but are not limited to centralized bidding transactions on the stock exchange, block transactions or transfers by agreement, gifts, exchangeable debt swaps, stock equity swaps, etc.
(5) When I reduce my indirect holdings of company shares, I will strictly abide by the "Several Provisions on Reduction of Shares by Shareholders, Directors, Supervisors and Senior Management of Listed Companies", the Shenzhen Stock Exchange's "Implementation Rules for Reduction of Shares by Shareholders, Directors, Supervisors and Senior Management of Listed Companies" and other relevant laws, regulations and rules and other normative documents, implement the company's shareholding reduction, perform information disclosure obligations in a true, accurate, complete and timely manner, and in accordance with the provisions of relevant laws, regulations, rules and other normative documents, announce the quantity, price range, time range and other contents of the reduction through the company.
(6) If the company encounters the mandatory delisting criteria for major violations stipulated in Chapter 10 of the "Shenzhen Stock Exchange GEM Stock Listing Rules", I will not reduce my indirect holdings of the company's shares from the date of the relevant administrative penalty decision or judicial judgment until the company's stocks are terminated from listing.
(7) Regarding the above-mentioned commitments I have made, I will not abandon the performance of the above-mentioned commitments due to changes in positions, resignations, etc. At the same time, if the company's shares indirectly held by me change due to the company's equity distribution, etc., I shall still abide by the above-mentioned commitments.
(8) If I violate the above commitment to reduce or transfer the company shares I indirectly hold, the proceeds from the illegal reduction of company shares (hereinafter referred to as the proceeds from the illegal reduction) shall belong to the company; if I fail to turn over the proceeds from the illegal reduction to the company, the company has the right to withhold the cash dividend payable to me that is equal to the amount of the illegal reduction income that I should turn over to the company.
As of the disclosure date of this announcement, the proposed reduction of holdings is consistent with its previously disclosed commitments, and no violation of commitments has occurred in the proposed reduction of holdings.
3. Related risk warnings
Mr. Guo Teng will implement this shareholding reduction plan based on market conditions, the company’s stock price, etc. There is uncertainty in the time, quantity, and price of this reduction plan, as well as uncertainty in whether it can be completed as scheduled.
As of the disclosure date of this announcement, this shareholding reduction plan does not violate the provisions of the Company Law, Securities Law, Interim Measures for the Administration of Shareholding Reduction by Shareholders of Listed Companies, Shenzhen Stock Exchange Self-Discipline Supervision Guidelines for Listed Companies No. 18 - Reduction of Shareholdings by Shareholders, Directors and Senior Management Personnel, and other laws, regulations, departmental rules and normative documents.
Mr. Guo Teng is not the company’s controlling shareholder or actual controller. The implementation of this shareholding reduction plan will not cause a change in the company’s control, nor will it have a significant impact on the company’s equity structure, governance structure and ongoing operations.
The company will continue to pay attention to the progress of this shareholding reduction plan and perform corresponding information disclosure obligations in a timely manner.
Investors are kindly requested to invest rationally and pay attention to investment risks.
4. Documents for reference
"Notification Letter on Share Reduction Plan" issued by Mr. Guo Teng;
Other documents required by Shenzhen Stock Exchange.
Announcement is hereby made.
Board of Directors of Deepwater Haina Water Group Co., Ltd.
September 21, 2026