Fuchuang Technology: Shareholder Luti exceeded the plan to transfer 1.7 million shares, accounting for 2.0038% of the total share capital of the company.

Fusai Technology announced that the shareholder, Lu Techao, who holds more than 5% of the shares, plans to transfer 1.7 million shares, accounting for 2.0038% of the total share capital of the company. This transfer is a non-public transfer, and the transferee is an institutional investor with the corresponding pricing capability and risk-bearing ability. The minimum transfer price is not less than 70% of the average trading price of the company's stock 20 trading days before the sending of the subscription invitation letter. The purpose of this transfer is to meet Lu Techao's own capital needs, attract long-term institutional investors, improve the shareholder structure, and enhance the company's governance capabilities.