Fangzheng Technology: Shareholder New Fangzheng Holdings reduces its holdings by 76,911,100 shares, accounting for 1.80% of the total share capital.

Fangzheng Technology announced that New Fangzheng Holdings held 94.5119 million shares of the company before the implementation of the reduction plan, accounting for 2.27% of the total share capital of the company at the time the reduction plan was disclosed. On July 16, 2025, New Fangzheng Holdings disclosed a reduction plan due to its own capital needs, planning to reduce no more than 94.5119 million shares. By the end of the reduction period on November 6, 2025, it had cumulatively reduced 76.9111 million shares, accounting for 1.80% of the total share capital of the company, with a reduction price range of 5.72 - 10.17 yuan/share and a total reduction amount of 574 million yuan. After the reduction, New Fangzheng Holdings holds 17.6009 million shares, accounting for 0.41% of the total share capital of the company.