Kirin Technology: Changes in shareholding of shareholders with more than 5% of equity reaching the 1% threshold.

Qi Sheng Technology announced that on November 7, 2025, shareholder Jiaxing Zhihai Investment Management Co., Ltd. reduced its holdings by 1.5 million shares through block trading. Its shareholding percentage, together with concerted parties, decreased from 41.13% to 40.71%, triggering a change in equity exceeding the 1% threshold. This reduction is in accordance with the previously disclosed plan, does not involve a tender offer, is consistent with commitments, and will not result in a change in controlling shareholder or ultimate controller. Following the change, the entity responsible for information disclosure is still within the implementation period of the reduction plan, and the company will urge it to comply with the regulations and disclose information promptly.