China Micro announced that as of the disclosure date, the majority shareholder Xunxin Investment Co., Ltd. held 68,473,916 shares of the company, accounting for 10.94% of the total share capital. Xunxin Investment plans to reduce its holdings by no more than 12,522,906 shares through centralized bidding or bulk transactions within 3 months after 15 trading days from the date of disclosure of the announcement, that is, no more than 2% of the total share capital. This reduction in holdings is due to its own operating and management needs. There is uncertainty about implementation, and it will not affect corporate governance and continuous operation.

China Micro announced that as of the disclosure date, the majority shareholder Xunxin Investment Co., Ltd. held 68,473,916 shares of the company, accounting for 10.94% of the total share capital. Xunxin Investment plans to reduce its holdings by no more than 12,522,906 shares through centralized bidding or bulk transactions within 3 months after 15 trading days from the date of disclosure of the announcement, that is, no more than 2% of the total share capital. This reduction in holdings is due to its own operating and management needs. There is uncertainty about implementation, and it will not affect corporate governance and continuous operation.