Li Tong Electronics: Changes in the equity of the actual controller and its concerted actors reaching the 1% threshold.

date
27/02/2026
Li Tong Electronics announced that from February 9th to 26th, 2026, the controlling shareholder and concerted action person Shao Qiuping reduced their holdings by 2.5383 million shares through block trading; from February 6th to 26th, Shao Peisheng reduced their holdings by 1.1208 million shares and 0.5077 million shares respectively through centralized bidding and block trading. The total shareholding ratio of the actual controller and its concerted action person decreased from 46.98% to 45.40%, triggering a change in equity exceeding the 1% threshold. This change is part of the implementation of a reduction plan, does not trigger a tender offer, will not change the controlling shareholder or the actual controller, and will not affect the corporate governance and operations. If the reduction plan of certain directors or the actual controller is not completed, the company will disclose it in accordance with regulations.