Yirui Technology announced that the company received a notification letter from Shanghai Changze and Shanghai Changrui, the controlling shareholders, that from July 1 to October 13, 2026, they reduced their holdings of the company's shares by a total of 982,200 shares through centralized bidding, compounding the passive dilution effect of the increase in total share capital caused by convertible debt-to-equity swaps. The total shareholding ratio of Shanghai Changze, Shanghai Changrui and their co-actors dropped from 20.40% to 19.999998%, touching an integer multiple of 5%. This equity change is in line with the previously disclosed holdings reduction plan. It will not trigger an offer or acquisition, and will not lead to a change in the actual controller. Currently, the holdings reduction plan has not been completed.

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