Hundsun Technologies director did not execute planned share sale

Hundsun Technologies Inc. announced that its director, Jiang Jiansheng, did not execute his previously disclosed share reduction plan. As of the announcement date, Mr. Jiang holds 36,166,686 shares, representing 1.91% of the company's total share capital.

The original plan, disclosed on August 26, 2025, involved Mr. Jiang reducing his holdings by up to 4 million shares via centralized bidding and up to 4 million shares via block trading, totaling up to 8 million shares. This represented 0.42% of the company's total share capital or 22.12% of his total holdings. The reduction period was set from September 17, 2025, to December 16, 2025.

Hundsun Technologies confirmed that Mr. Jiang did not sell any shares during the specified period, with the total reduction quantity being 0 shares and the reduction amount being 0 yuan. The company received a notification from Mr. Jiang confirming that the share reduction plan, which was based on his personal needs, market conditions, and the company's stock price, was not implemented, and the reduction period has now expired.