Kechuan Technology announced that Shi Huiqing, the controlling shareholder of the company, and Zhu Chunhua, a co-actor, reduced their holdings of the company's shares by 2.104 million shares through centralized bidding and bulk transactions between December 8 and December 17, 2025, accounting for 1.12% of the company's total share capital. After this change, Shi Huiqing and her co-actors collectively held the company's shares from 69.95% to 68.83%, and the equity change ratio hit the 1% scale. This change in equity does not violate the promises, intentions, or plans already made, and does not trigger mandatory takeover obligations.

Kechuan Technology announced that Shi Huiqing, the controlling shareholder of the company, and Zhu Chunhua, a co-actor, reduced their holdings of the company's shares by 2.104 million shares through centralized bidding and bulk transactions between December 8 and December 17, 2025, accounting for 1.12% of the company's total share capital. After this change, Shi Huiqing and her co-actors collectively held the company's shares from 69.95% to 68.83%, and the equity change ratio hit the 1% scale. This change in equity does not violate the promises, intentions, or plans already made, and does not trigger mandatory takeover obligations.