Changchuan Technology's shareholder reduction plan is completed, and it does not affect control rights as long as it does not exceed the limit.

On July 22, 2025, Changchuan Technology disclosed a shareholder reduction plan. One of the actual controllers and shareholders holding more than 5%, Changchuan Investment, planned to reduce its holdings by no more than 11.22 million shares through centralized bidding and block trading within 3 months after 15 trading days, accounting for 1.7796% of the total share capital. The company recently announced that from August 25 to September 24, Changchuan Investment has cumulatively reduced its holdings by 11.219977 million shares, accounting for 1.7796% of the total share capital. The reduction plan has been completed without exceeding the planned number of shares. This reduction complies with regulations and has not violated any rules. After the reduction, the total shareholding ratio of the controlling shareholder, actual controller, and their concerted action persons is 26.6312%, which does not affect the company's control rights, governance structure, and ongoing operations.