Wingtech major shareholder completes share reduction plan

Wingtech Technology announced that its major shareholder, Wuxi Guolian Integrated Circuit Investment Center, has completed its share reduction plan. As of September 26, 2025, the shareholder had divested 12,419,143 shares of Wingtech Technology through concentrated bidding. This transaction took place within the period of June 27, 2025, to September 26, 2025, as initially disclosed.

The shares were sold at an average price range of 36.36 yuan to 48.95 yuan per share, totaling 495,624,769.87 yuan. This reduction represents 0.9979% of Wingtech Technology's total share capital. Prior to this, Wuxi Guolian held 109,137,709 shares, accounting for 8.77% of the company's total share capital.

Following the completion of the plan, Wuxi Guolian now holds 96,718,566 shares, representing 7.77% of Wingtech Technology's total share capital. The shares originated from an acquisition through asset issuance and were all unrestricted tradable shares. The executed reduction aligned with the initial plan, which targeted a maximum reduction of 3%.