Electronic Soul Network Technology chairman concludes share reduction plan

Hangzhou Electronic Soul Network Technology announced that its chairman and controlling shareholder, Hu Jianping, completed his share reduction plan, which ran from July 4, 2025, to October 3, 2025. He sold a total of 4,869,200 shares, representing 2.00% of the company's current total share capital. The sales were executed through a combination of centralized bidding and block trades.

Hu Jianping sold 2,434,100 shares via centralized bidding and 2,435,100 shares through block trades. The shares were sold at prices ranging from CNY 18.49 to CNY 22.73 per share, totaling a transaction value of CNY 101,374,892.00. The plan was completed, achieving the 2.00% reduction target with only 11,114 shares remaining from the originally intended maximum.

Prior to the reduction, Hu Jianping held 23,557,100 shares, accounting for 9.63% of the company's total shares. Following the completion of this plan, his holdings have decreased to 18,687,900 shares, representing 7.66% of the company's total share capital.