Shenzhen Kingdom Sci-Tech director's stake dips below 8%

Shenzhen Kingdom Sci-Tech announced that major shareholder Mr. Zhao Jian, a director, decreased his total equity holding, alongside his concerted party, by 0.58 percentage points, from 8.48% to 7.90%. This movement crossed the 1% threshold, as detailed in an announcement issued on November 1, 2025.

Between August 7, 2025, and October 30, 2025, Mr. Zhao Jian sold 5.9139 million shares through concentrated bidding. This transaction is part of a previously disclosed share reduction plan from July 14, 2025, and does not trigger a mandatory tender offer. The reduction specifically relates to Mr. Zhao Jian's direct holdings, which decreased from 7.51% (71,028,638 shares) to 6.92% (65,114,738 shares).

Despite this change, the company's largest shareholder remains Li Jieyi, with a holding of 8.98%. The equity change does not alter the company's largest shareholder, controlling shareholder, or actual controller. Shenzhen Kingdom Sci-Tech's shareholder structure remains relatively dispersed.