CloudSurge Technology: Shareholder Xiao Xiangsheng, who holds more than 5% of the company's shares, reduced his stake in the company by 0.99%.

CloudSurge Technologies announced that it has recently received a notification letter from Xia Xiangsheng, stating that from November 7 to 14, 2025, he will reduce his holdings in the company by a total of 596,796 shares through centralized bidding and block trading, accounting for 0.99% of the total share capital. After the equity change, Xia Xiangsheng's shareholding percentage will decrease from 8.98% to 7.99%, reaching the 1% threshold. This reduction is in accordance with the disclosed plan, does not trigger a tender offer, and will not result in a change in the controlling shareholder or actual controller. As of the announcement date, the shareholder is still in the implementation period of the reduction plan, and the company will urge them to reduce their holdings in compliance and disclose information in a timely manner.