Dahao Technology's controlling shareholder completes share increase plan

Beijing Yiqing Holdings Co., Ltd., the controlling shareholder of Beijing Dahao Technology Co., Ltd., has successfully completed its share increase plan as of December 18, 2025. The plan, which ran from June 19, 2025, to December 18, 2025, involved Yiqing Holdings acquiring 6,533,760 shares of Dahao Technology through concentrated bidding on the Shanghai Stock Exchange.

The total value of the shares acquired reached CNY 99.40 million, surpassing the lower bound of the previously announced target range of CNY 50 million to CNY 100 million. This acquisition increases Yiqing Holdings' direct stake in Dahao Technology by 0.59%.

Following the completion of the plan, Yiqing Holdings and its concerted parties now collectively hold 516,448,551 shares, representing 46.25% of Dahao Technology's total share capital. Yiqing Holdings has committed not to reduce its holdings in Dahao Technology for six months following the completion of this share increase plan.