Dongwang Times: Shareholder New Ridge Technology reduced its holdings by 3,320,600 shares, lowering its shareholding to 3%.

Dongwang Times announced that shareholder Xinling Technology reduced its holdings of the company's shares by a total of 3,320,600 shares from July 7 to August 11, 2026, through centralized bidding and block trading, accounting for 0.39% of the total share capital, with a total reduction amounting to 12.8525 million yuan. After this equity change, its shareholding ratio decreased from 3.39% to 3.00%, reaching the 1% threshold. This reduction is consistent with previous plans, does not trigger a tender offer, and has not been fully implemented, which will not lead to a change in the company's actual controller or have a significant impact on operations.