Pearl City Technology announced that the company's shareholders Jiuhong Investment and Zhang Jiandao reduced their pre-initial shares through an inquiry and transfer. The actual total number of shares transferred was 7,579,261 shares, accounting for 3.96% of the company's total share capital. The transfer price was 36.01 yuan/share, and the total transaction amount was 273 million yuan. Among them, Jiuhong Investment transferred 5,855,831 shares, accounting for 3.06% of the total share capital; Zhang Jiandao transferred 1,723,430 shares, accounting for 0.90% of the total share capital. The transferees were 22 institutional investors, and the allotted shares were locked in for 6 months. This inquiry and transfer process was legal and compliant, and the results were fair and just.

Pearl City Technology announced that the company's shareholders Jiuhong Investment and Zhang Jiandao reduced their pre-initial shares through an inquiry and transfer. The actual total number of shares transferred was 7,579,261 shares, accounting for 3.96% of the company's total share capital. The transfer price was 36.01 yuan/share, and the total transaction amount was 273 million yuan. Among them, Jiuhong Investment transferred 5,855,831 shares, accounting for 3.06% of the total share capital; Zhang Jiandao transferred 1,723,430 shares, accounting for 0.90% of the total share capital. The transferees were 22 institutional investors, and the allotted shares were locked in for 6 months. This inquiry and transfer process was legal and compliant, and the results were fair and just.