Desheng Technology: The first lock-up period for the 2025 employee stock ownership plan has sold out 637,500 shares.

Desheng Technology announced that the first lock-up period for the company's 2025 employee stock ownership plan will expire on June 18, 2026. Due to the failure to meet the performance assessment targets at the company level, the portion that cannot be unlocked will be reclaimed and sold by the management committee. As of the announcement date, all 637,450 shares from the first lock-up period have been fully sold through block trading, and the transferee has no connections with major shareholders or actual controllers. Relevant asset liquidation and other related work will be carried out subsequently.