Xinchen Technology: Shareholder and director Kang Lu has cumulatively reduced his holdings by 970,700 shares, accounting for over 5% of the total shares.

New Morning Technology announced that shareholder and director Kang Lu, who holds more than 5% of the shares, will reduce the company's shares by a total of 970,700 shares through centralized bidding and after-hours pricing transactions from October 24 to October 31, 2025. After the reduction, the number of shares held by Kang Lu decreased from 36,309,150 shares to 35,338,450 shares, and the proportion of total share capital decreased from 12.1614% to 11.8363%. The percentage of equity change touched a multiple of 1%, and the reduction plan has not yet been fully implemented.