Wangsu Technology announced that due to the company's repurchase of 122.151 million shares, the proportion of shares held by Chen Baozhen, a shareholder holding 5% or more of the shares in the total share capital after excluding the repurchase of shares in the special account, passively increased to 10.0212%, touching an integer multiple of 5%. This change in equity does not involve a change in the number of shares held, nor does it involve a reduction in shareholders' holdings. The company currently has no controlling shareholders or actual controllers, and this change will not affect the corporate governance structure and continuous operation.

Wangsu Technology announced that due to the company's repurchase of 122.151 million shares, the proportion of shares held by Chen Baozhen, a shareholder holding 5% or more of the shares in the total share capital after excluding the repurchase of shares in the special account, passively increased to 10.0212%, touching an integer multiple of 5%. This change in equity does not involve a change in the number of shares held, nor does it involve a reduction in shareholders' holdings. The company currently has no controlling shareholders or actual controllers, and this change will not affect the corporate governance structure and continuous operation.