Further Rise Technology: The controlling shareholder and its concerted parties together reduced their shareholding to 35%.

date
07/11/2025
Zai Sheng Technology announced that its controlling shareholder Guo Mao and his concerted action person Guo Sihan reduced their shareholdings due to their own funding needs, resulting in the total shareholding ratio decreasing from 35.40% to 35.00%. This will not lead to a change in the controlling shareholder. On November 7, 2025, Guo Mao reduced a total of 4.1624 million shares through centralized bidding and block trading, accounting for 0.40% of the total share capital. Prior to this, Guo Mao planned to reduce his holdings by no more than 30.9039 million shares. As of the date of the report signing, the reduction plan has not been completed, and there are no other plans for increase or decrease in holdings in the next 12 months.