Fangzheng Technology: The shareholding ratio of Fangzheng Information Industry and its concerted parties has decreased to 5%

Fangzheng Technology announced that its shareholder, Fangzheng Information Industry Co., Ltd., and its concerted action person, New Fangzheng Holdings Development Co., Ltd., and Beijing Fangzheng Interconnect Technology Co., Ltd., collectively reduced their holdings in the company from 417 million shares to 214 million shares, decreasing their proportion of the total share capital to 5.00%. The reasons for the equity changes include the company's implementation of the 2025 restricted stock incentive plan leading to an increase in the total share capital, as well as New Fangzheng Holdings reducing their holdings by 76.911 million shares between August 7, 2025, and November 6, 2025, and Fangzheng Information Industry reducing their holdings by 126 million shares between March 23, 2026, and June 17, 2026. This equity change does not trigger a tender offer and will not result in a change in the company's controlling shareholder or actual controller.