Zhongwei Electronics announced that during the period from August 29, 2023 to December 2, 2024, Shi Xugang reduced his holdings of the company's unlimited tradable shares through centralized bidding and bulk transactions. The number of shares held was reduced from 61.979 million shares to 459.452 million shares, the shareholding ratio fell from 20.47% to 15.17%, and the number of shares with voting rights was reduced from 29.023 million shares to 22.20.35 million shares, and the voting ratio dropped from 9.58% to 7.27%. In addition, Shi Xugang also transferred the 9.055 million unrestricted tradable shares he holds and all shareholders' rights and rights corresponding to them to a 5.00% share agreement with the 6.085,400 shares held by Xinxiang Industrial Fund No. 1, totaling 5.00% of the company's shares.

Zhongwei Electronics announced that during the period from August 29, 2023 to December 2, 2024, Shi Xugang reduced his holdings of the company's unlimited tradable shares through centralized bidding and bulk transactions. The number of shares held was reduced from 61.979 million shares to 459.452 million shares, the shareholding ratio fell from 20.47% to 15.17%, and the number of shares with voting rights was reduced from 29.023 million shares to 22.20.35 million shares, and the voting ratio dropped from 9.58% to 7.27%. In addition, Shi Xugang also transferred the 9.055 million unrestricted tradable shares he holds and all shareholders' rights and rights corresponding to them to a 5.00% share agreement with the 6.085,400 shares held by Xinxiang Industrial Fund No. 1, totaling 5.00% of the company's shares.