Transsion Holdings major shareholder to transfer 2% of total shares

Shenzhen Transsion Investment Co., Ltd., a controlling shareholder of Shenzhen Transsion Holdings, announced its intention to transfer 22,807,011 shares, representing approximately 2.00% of the company's total share capital. The transfer, motivated by the shareholder's own funding needs, will occur via an inquiry-based transfer process organized by CITIC Securities.

The transfer price floor will be no less than 70% of the average stock trading price over the 20 trading days prior to September 11, 2025. Upon completion, the recipient of these shares will be subject to a six-month lock-up period, prohibiting further transfer. Eligible participants for this inquiry-based transfer include institutional investors with appropriate pricing capabilities and risk tolerance, such as securities companies, fund management companies, and qualified foreign institutional investors.

Shenzhen Transsion Investment Co., Ltd. currently holds 560,503,474 shares, representing 49.15% of Transsion Holdings' total share capital as of September 11, 2025. The planned transfer accounts for 4.07% of the shares held by Shenzhen Transsion Investment Co., Ltd.