According to Telford Technology's announcement, it recently received relevant letters and reports from Pioneer Fund, a shareholder holding more than 5% of the shares, and Rui Xiaopeng Tai, its co-actor. As of the announcement disclosure date, the total shareholding ratio of the two fell from 10.00% to 5.00%. Among them, Pioneer Fund dropped from 9.60% to 4.93%, and Ruixiao Pengtai fell from 0.40% to 0.07%. This equity change is an implementation of an earlier holdings reduction plan. It does not involve a change in controlling interest, does not touch on an offer acquisition, and the holdings reduction plan has not yet been implemented.

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