Tiandeyu announced that from July 1 to July 22, 2026, Ningbo Qunzhi Optoelectronics Co., Ltd., a shareholder holding 5% or more of the shares, reduced its holdings by 2,089,500 shares through centralized bidding transactions, by 0.51%. After this equity change, Ningbo Qunzhi's shareholding ratio fell from 7.48% to 6.97%, hitting the 1% scale. The current holdings reduction fulfils the previous plan, does not touch on the proposed takeover, and will not lead to changes in controlling shareholders or actual controllers. The holdings reduction plan has not yet been implemented.

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