Nanwang Technology announced that the term of the company director Peng Huibo's holdings reduction plan has expired, and the company's shares were not reduced during this period. Peng Huibo originally planned to reduce the company's shares by no more than 7,500 shares through centralized bidding transactions from June 2, 2026 to September 1, 2026, accounting for 0.0039% of the company's total share capital. As of the expiration of the holdings reduction plan, Peng Huibo held a total of 30,000 shares of the company, accounting for 0.0155% of the company's total share capital. There was no change in the number of shares held. This reduction in holdings will not lead to a change in the company's control and will not affect corporate governance and operations.

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