KUANGCHI (00439): As of December 2, a total of 3.8937 million shares of Kuang-Chi Technologies were sold by its subsidiary.

KUANGCHI (00439) announced that the seller, Shenzhen Kuang-Chi Space Technology Co., Ltd. (a wholly-owned subsidiary), has sold a number of Kuang-Chi Technologies shares on the open market through the Shenzhen Stock Exchange trading system. As of December 2, 2025, a total of 3.8937 million shares of Kuang-Chi Technologies have been sold, with an average selling price of RMB 47.76 per share. The selling price is determined based on the trading price of Kuang-Chi Technologies shares reported by the Shenzhen Stock Exchange. The seller expects the net proceeds from the sale to be RMB 186 million (excluding transaction costs and expenses), which will be used for refinancing and general operating purposes.