Kuangda Technology: Some of the shares owned by shareholders holding more than 5% have been frozen by the judiciary.

Kuangda Technology announced that part of the shareholding of Shen Jieliang, a shareholder holding more than 5% of the company, has been frozen by the judiciary. As of the disclosure date of the announcement, Shen Jieliang holds 273,986,693 shares, accounting for 18.63% of the total share capital, with a total of 7,060,000 shares frozen, accounting for 2.58% of his shareholding, and 0.48% of the company's total share capital. This freeze was caused by a property preservation application related to a civil economic dispute, with both parties in dispute over the facts. Shen Jieliang and his concerted action parties are not the controlling shareholders or actual controllers of the company, and this will not result in a change in the company's controlling rights, nor will it affect the company's normal operations.