Chaoyang Technology announced that Guo Liqin, the actual controller of the company, and his co-actors, Ningbo Pengchen Venture Capital Partnership have been implemented to reduce their holdings. Guo Liqin reduced its holdings by a total of 2,8171,000 shares from December 2 to 3, 2025, accounting for 2.05% of the total share capital; Ningbo Pengchen reduced its holdings by 1.244 million shares on December 2, 2025, accounting for 0.9%. Together, the two reduced their holdings by 4,057,600 shares, accounting for 2.95%. After this change in equity, the total shareholding ratio of the controlling shareholders, actual controllers, and their co-actors fell from 68.14% to 65.18%. The change touched an integer multiple of 1%, and did not lead to a change in the company's control.

Chaoyang Technology announced that Guo Liqin, the actual controller of the company, and his co-actors, Ningbo Pengchen Venture Capital Partnership have been implemented to reduce their holdings. Guo Liqin reduced its holdings by a total of 2,8171,000 shares from December 2 to 3, 2025, accounting for 2.05% of the total share capital; Ningbo Pengchen reduced its holdings by 1.244 million shares on December 2, 2025, accounting for 0.9%. Together, the two reduced their holdings by 4,057,600 shares, accounting for 2.95%. After this change in equity, the total shareholding ratio of the controlling shareholders, actual controllers, and their co-actors fell from 68.14% to 65.18%. The change touched an integer multiple of 1%, and did not lead to a change in the company's control.