Hechuan Technology: The controlling shareholder and acting in concert parties collectively reduced their holdings by 0.59% of the shares.

Hechuan Technology announced that from December 17 to 26, 2025, the controlling shareholder and concerted actors Qingchuan Investment, Quzhou Heping, and Quzhou Hejie collectively reduced their holdings of the company's shares by 887,400 shares through centralized bidding, accounting for 0.59% of the total share capital. After this equity change, the total shareholding proportion of Wang Xiangbin and his concerted actors decreased from 26.58% to 25.99%, reaching a multiple of 1%. This reduction is part of a previously planned action, does not involve a tender offer, will not lead to changes in the controlling shareholder or actual controller, and will not have a significant impact on the company. As of the disclosure date of this announcement, the reduction plan has not been fully implemented.