Mengtai High-tech: Shareholder Guo Hongjiang plans to transfer 3.99% of shares.

Montai High-Tech announcement, shareholder Guo Hongjiang plans to transfer his 3.84 million shares, accounting for 3.99% of the total share capital of the company. This transfer is due to his own financial needs, and will not be conducted through centralized bidding or block trading, but through inquiry transfer. The minimum transfer price shall not be lower than 70% of the average stock trading price of the previous 20 trading days before the date of sending the subscription invitation. The transferee must be an institutional investor with corresponding pricing capabilities and risk-bearing capabilities, and shall not transfer within 6 months after the transfer.