China Cinda plans to reduce stake in Founder Securities

China Cinda Asset Management Co., Ltd. (China Cinda), a significant shareholder in Founder Securities Co., Ltd., has disclosed a plan to reduce its stake in the company. China Cinda currently holds 593,050,000 shares, representing 7.20% of Founder Securities' total share capital, acquired via a transfer agreement.

The planned reduction involves selling up to 82,321,014 shares, equating to approximately 1.00% of the company's total share capital. The sales will be executed through centralized competitive bidding. The divestment period is scheduled for three months, from November 26, 2025, to February 25, 2026, driven by China Cinda's operational needs.

The actual implementation of the plan, including the exact number of shares sold and selling prices, remains subject to market conditions, share price performance, and regulatory factors. Founder Securities will monitor the progress of this share reduction and fulfill its information disclosure obligations.