Guanghe Technology: Controlling shareholder and major shareholder's shareholding ratio passively diluted due to H-share issuance.

Guanghe Technology announced that on March 20, 2026, the company issued 46 million H-shares and listed on the main board of the Hong Kong Stock Exchange, increasing the total share capital from 426 million shares to 472 million shares. The shareholding of the controlling shareholder, Zhenyun Investment, and its concerted action persons decreased from 53.6546% to 48.4305%; the shareholding of Guangxie Investment, a shareholder with more than 5% ownership, decreased from 10.1417% to 9.1543%, both reaching integer multiples of 1% and 5%. This equity change is a passive dilution and does not involve reduction of holdings, with no change in the actual controller.