Hongxun Technology: RED FACTOR LIMITED reduces its holdings by 3.6 million shares.

Honor Technology announced that its controlling shareholder, RED FACTOR LIMITED, and its concerted action person Ningbo Help Trade Co., Ltd., collectively reduced their shareholding in the company from 53.70% to 52.81%. RED FACTOR LIMITED reduced its holdings of 3.6 million unrestricted circulating shares of the company through centralized bidding from July 2, 2025 to July 3, 2025.