Saifu Technology: Shareholders' reduction of holdings triggers a 1% change in equity.
On August 23, 2025, Saifu Technology disclosed a shareholder reduction plan, with concerted action by Suzhou Suyu and Suzhou Saiying planning to collectively reduce their holdings by no more than 5,762,400 shares. On September 26, the company announced that as of that day, Suzhou Suyu had reduced their holdings through centralized bidding and block trading, with their shareholding ratio decreasing from 5.00% to 4.22%; Suzhou Saiying had reduced their holdings through centralized bidding, with their shareholding ratio decreasing from 0.27% to 0.20%. The combined shareholding ratio of the two and the concerted action by Suzhou High-tech Zone Fanyang Technology Development Co., Ltd. decreased from 31.78% to 30.93%, with the change in equity triggering a 1% threshold. This reduction does not trigger a tender offer, does not affect controlling rights, and the reduction plan has not yet been completed.
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