Lingxiong Technology (02436) responds to highly concentrated equity ownership, stating that the company is able to comply with regulations on public shareholding levels.

Lingxiong Technology (02436) announces that the company has noticed the announcement published by the Securities and Futures Commission on February 9, 2026. As disclosed in the SFC announcement, the SFC recently conducted an inquiry into the company's shareholding structure. The SFC inquiry results showed that as of January 26, 2026, twenty-five shareholders collectively held 326 million shares, equivalent to 92.27% of the issued shares. Therefore, only 27.2936 million shares (7.73% of the issued shares) are held by other shareholders. In response to the SFC announcement, the Board of Directors hereby provides the following supplementary information. After conducting all reasonable inquiries, the Board is deeply aware, fully informed, and confident that as of the date of this announcement, the company's shareholding structure is as follows: After conducting all reasonable inquiries, the Board is deeply aware, fully informed, and confident that, apart from the individual shareholders mentioned above, all other shareholders are independent third parties and not related parties of the company. The Board of Directors has decided to take appropriate steps to verify the matters stated in the SFC announcement and to reduce share concentration by encouraging option grantees and share recipients to exercise their share options and share awards. The company will make further announcements as soon as practicable to provide shareholders and potential investors with the latest information. Based on available information and after conducting all reasonable inquiries, the company confirms that as of January 26, 2026 and the date of this announcement, at least 25% of the issued shares of the company are held by the public, and the company is able to comply with the public float requirements under the listing rules.