Sinosoft major shareholder reduces stake, crosses 1% threshold

A controlling shareholder of Sinosoft Technology Co., Ltd. has reduced its stake in the company, triggering a 1% threshold notification. Between November 21 and November 27, 2025, the shareholder sold 415.6300 million shares through centralized bidding, representing 0.50% of Sinosoft's total share capital.

Following this transaction, the shareholder's total shareholding in Sinosoft decreased from 17,822.6406 million shares to 17,407.0106 million shares. This change reduced their ownership percentage from 21.45% to 20.95%, representing a 0.50 percentage point decrease and crossing a 1% integer multiple threshold for equity change.

The company confirmed this equity change aligns with the shareholder's previously disclosed share reduction plan from October 31, 2025. This adjustment does not trigger a mandatory tender offer and will not alter the company's controlling shareholder or actual controller. The share reduction plan has not yet been fully executed.