CloudSurge Technology: Shareholder Xiao Xiangsheng, who holds more than 5% of the company's shares, has reduced his holdings by 1.02%.
CloudSurge Technologies announced that shareholder Xiao Xiangsheng reduced his holdings by a total of 612,206 shares, or 1.02% of the total share capital, through block trades and bulk trades from October 28 to November 6, 2025. After the equity change, his shareholding percentage decreased from 10.00% to 8.98%. This reduction is in line with the previously disclosed plan, does not involve a tender offer, will not result in a change in the company's controlling shareholder or ultimate controller, and the shareholder is still within the implementation period of the reduction plan.
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