According to Fangzhi Technology's announcement, from July 13 to July 29, 2026, Chen Kerang, a shareholder and director holding 5% or more of the shares, reduced his holdings by 780,400 shares through centralized bidding according to the holdings reduction plan, accounting for 0.31% of the total share capital. Prior to this equity change, the controlling shareholder Huang Yuanzhong and his co-actors, Huang Xiaofeng and Chen Kerang, held a total of 30.31% of the shares; after the change, they held a total of 75,525,367 shares, accounting for 30.00% of the total share capital, which is an integer multiple of 1% and 5% of the total share capital. This change does not affect the proposed acquisition, does not affect the controlling interest, and the holdings reduction plan has not been completed.

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