Q Technology completes India equity disposal, Q Tech India no longer subsidiary

Q Technology (Group) Company Limited announced the closing of the disposal of a 51.08% equity interest in Kunshan Q Tech Microelectronics (India) Private Limited ("Q Tech India") on September 26, 2025. This transaction was previously detailed in announcements dated July 15, 2025, August 7, 2025, and September 17, 2025.

Following the closing, Q Technology (Group) now holds a 48.92% equity interest in Q Tech India. Consequently, Q Tech India will no longer be consolidated as a subsidiary of the company. The board confirmed the closing took place in accordance with the SSPA.

The announcement was made from Hong Kong on September 26, 2025. The executive directors as of this announcement are Mr. He Ningning (chairman), Mr. Hu Sanmu (chief executive officer), and Mr. Fan Fuqiang. The independent non-executive directors are Mr. Xiaomin Fu, Mr. Chu Chia-Hsiang, and Ms. Hui Hiu Ching.