Futu Technology: Shareholder Yangtze River NIO Plans to Reduce Holding by 3%

Futai Technology announced that its shareholder Hubei Changjiang Weilai New Energy Investment Management Co., Ltd. - Hubei Changjiang Weilai New Energy Industry Development Fund Partnership Enterprise plans to reduce its holdings by a total of up to 4.6626 million shares, accounting for 3% of the company's total share capital, from May 18, 2026 to August 17, 2026 through centralized bidding and block trading; of which, no more than 1.00% can be reduced through continuous bidding for 90 days, and no more than 2.00% can be reduced through block trading, with the selling price not lower than the issue price.