According to Fangzhi Technology's announcement, from July 13 to July 29, 2026, Chen Kerang, a shareholder and director holding 5% or more of the shares, reduced his holdings by 780,400 shares through centralized bidding according to the holdings reduction plan, accounting for 0.31% of the total share capital. Prior to this equity change, the controlling shareholder Huang Yuanzhong and his co-actors, Huang Xiaofeng and Chen Kerang, held a total of 30.31% of the shares; after the change, they held a total of 75,525,367 shares, accounting for 30.00% of the total share capital, which is an integer multiple of 1% and 5% of the total share capital. This change does not affect the proposed acquisition, does not affect the controlling interest, and the holdings reduction plan has not been completed.

According to Fangzhi Technology's announcement, from July 13 to July 29, 2026, Chen Kerang, a shareholder and director holding 5% or more of the shares, reduced his holdings by 780,400 shares through centralized bidding according to the holdings reduction plan, accounting for 0.31% of the total share capital. Prior to this equity change, the controlling shareholder Huang Yuanzhong and his co-actors, Huang Xiaofeng and Chen Kerang, held a total of 30.31% of the shares; after the change, they held a total of 75,525,367 shares, accounting for 30.00% of the total share capital, which is an integer multiple of 1% and 5% of the total share capital. This change does not affect the proposed acquisition, does not affect the controlling interest, and the holdings reduction plan has not been completed.