Cybrid Technologies sees shareholder equity fall below 31%

Cybrid Technologies announced a 1% reduction in shareholder equity, with the combined holdings of its controlling shareholders and their concerted parties decreasing from 31.78% to 30.93%. This change follows a previously disclosed share reduction plan.

Between September 15 and September 26, 2025, Suzhou Suyu Enterprise Management Center (limited partnership) reduced its stake from 5.00% to 4.22%, offloading 2,800,911 shares via centralized bidding and 600,000 shares via block trading. Suzhou Saiying Enterprise Management Center (limited partnership) also reduced its stake from 0.27% to 0.20%, selling 295,000 shares through centralized bidding.

The company confirmed that this equity change is a normal share reduction by shareholders, consistent with prior plans, and does not involve a mandatory tender offer. It will not significantly impact the company's governance structure, continuous operations, or change the controlling shareholder or actual controller. The share reduction plan has not yet been fully executed.