According to Fengyi Technology's announcement, Shanghai Huaxin Venture Capital Partnership, the shareholder holding 5% or more of the company's shares, reduced its holdings by 1 million shares through centralized bidding from August 18 to August 21, 2026. The shareholding ratio before the equity change was 9.71%, and the shareholding ratio after the change was 8.84%. This change in equity is for the shareholder to fulfill the previously disclosed holdings reduction plan. Currently, the holdings reduction plan has not been implemented. It will not result in a change in the controlling shareholder or actual controller of the company, and it has not touched on the proposed acquisition.

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