Chanjet's controlling shareholder sells stake to diversify investor base

Yonyou Network Technology Co., Ltd., Chanjet Information Technology Company Limited's controlling shareholder, and its subsidiary, Yonyou Up, have disposed of 42,107,849 H shares in Chanjet. This includes 28,135,071 H shares and 13,972,778 H shares, representing approximately 8.64% and 4.29% of Chanjet's total issued shares, respectively. The block trade occurred on September 17, 2025, at HK$7.60 per share.

Following the disposal, Yonyou will retain an interest in 174,350,542 shares of Chanjet, equating to approximately 53.53% of the total issued shares. This remaining stake comprises shares directly held by Yonyou and those held by its subsidiary, Happiness Investment Co., Ltd. Chanjet's board does not anticipate any adverse effects on the Group's business operations from this transaction.

The company believes this move will facilitate deeper connections with long-term value investors, diversify its shareholder base, and improve the liquidity of its shares. Yonyou, as the controlling shareholder, expressed continued confidence in the Group's business operations.