Qisheng Technology: The proportion of the rights and interests of shareholders holding more than 5% and their concerted actors has been reduced to 40%.

date
13/11/2025
Ki Sheng Technology announced that on November 13, 2025, shareholder Jiaxing Zhihai Investment Management Co., Ltd. reduced its holdings by 2.5057 million shares through block trading, resulting in its and its concerted action person's shareholding ratio decreasing from 40.71% to 40.00%, triggering the situation of hitting the integer multiple of 5%. Among them, Zhihai Investment's shareholding ratio decreased from 23.27% to 22.56%, while Tang Guohai and Tang Ying's shareholding ratios remained unchanged. This reduction is part of a previous plan and does not involve a tender offer, nor will it change the controlling shareholder or actual controller. The company will supervise the compliant reduction and disclose it in a timely manner.