Weo Company: Shareholder Rui Ze Investment, with more than 5% shareholding, has reduced its shares, reducing the proportion to 6.05%.

date
22/01/2026
Qingdao WiO has announced that its shareholder Ruize Investment, holding more than 5% of the shares, will implement a reduction plan. From November 29, 2025 to January 21, 2026, they will reduce 1,753,000 shares through centralized bidding, accounting for 0.45%; and reduce 4,286,000 shares through block trading, accounting for 1.09%. Their shareholding ratio will decrease from 7.59% to 6.05%. This change does not involve a tender offer, will not result in a change of controlling shareholder, and will not have a significant impact on the company's operations. The reduction plan is not yet complete, and the company will continue to disclose progress.