Xingyun Technology: Shares held by the actual controller and its persons acting in concert are subject to successive freezing.

date
15/09/2026
Xingyun Technology announced that additional rotational freezing has been imposed on the company shares held by the company's actual controller Wang Wei and his concert party Tianxingyun. The shares subject to this rotational freezing total 117 million shares, accounting for 12.65% of the company's total share capital. The freezing start date is July 23, 2026, and the expiry date is July 23, 2029. The applicant for the freezing is the Guangzhou Intermediate People's Court of Guangdong Province, due to a pre-litigation preservation application by the relevant party. As of the announcement date, 100% of the company shares held by Wang Wei and Tianxingyun have been frozen, together accounting for 12.65% of the company's total share capital. This share freezing will not result in a change in the company's actual control, and will not have a material impact on the company's production and operations.