Guangdong Fuxin Technology Holdings' controlling shareholder reduces its holdings, resulting in a change in equity reaching the 5% threshold.
Guangdong Fuxin Technology Co., Ltd. announced that from August 25, 2025 to September 17, the controlling shareholder and actual controller, Mr. Liu Fulin and Mr. Liu Fukun, reduced their holdings of the company's shares. Mr. Liu Fulin reduced his holdings by 248,618 shares through centralized bidding, while Mr. Liu Fukun reduced his holdings by 380,000 shares through bulk trading and 183,600 shares through centralized bidding. The total holdings of the two individuals decreased from 31,696,018 shares to 30,883,800 shares, representing a decrease in the proportion of total capital from 35.92% to 35.00%, triggering a change in equity of 5%. This reduction in holdings is in accordance with the previously disclosed plan, does not violate any commitments, does not trigger a tender offer, has not been completed, will not lead to a change in controlling rights, and does not violate any relevant regulations. The company will urge the obligated information disclosure persons to comply with regulations and fulfill their disclosure obligations.
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