Olympic Circuit executive to reduce stake for personal financial needs

Guangdong Olympic Circuit Technology Co., Ltd. has announced that its board secretary, Yin Jialiang, intends to reduce his shareholding in the company. As of the announcement date, Yin holds 106,490 shares, representing 0.0148% of the company's total share capital, all acquired through equity incentives.

Yin plans to divest up to 26,600 shares, which constitutes no more than 0.0037% of the company’s total share capital and no more than 25% of his current holdings. The reduction will occur via concentrated bidding within three months, starting 15 trading days after October 21, 2025, and concluding by January 20, 2026. This move is attributed to personal financial needs.

The company noted potential uncertainties in the actual implementation of the plan, including variations in the number of shares reduced, timing, and pricing. These factors will be influenced by Yin's personal financial requirements, market conditions, share price fluctuations, and regulatory policies. The company will monitor the share reduction and fulfill its disclosure obligations.