IKD major shareholders announce significant share sale plan

IKD's major shareholder, Leadtop Hong Kong Limited, along with its concert parties Sheng Hong and Guojin Securities Ling'ai Private Fund No. 1 Single Asset Management Plan, announced a plan to reduce their combined stake. Leadtop Hong Kong aims to divest up to 30,783,067 shares (2.9882% of total share capital), Sheng Hong up to 10,000 shares (0.0010%), and Guojin Securities Ling'ai Private Fund up to 110,909 shares (0.0108%). The combined reduction could reach 30,903,976 shares, representing 3.0000% of the company's current total share capital.

The planned disposals, which include shares acquired pre-IPO and through market transactions, will occur via centralized bidding or block trading. The reduction period is scheduled from January 14, 2026, to April 13, 2026. This move is attributed to family asset planning and funding requirements of Leadtop Hong Kong's actual controller.

The maximum reduction via centralized bidding in any 90-day period will not exceed 1% of the company's total share capital, while block trading will not exceed 2% within any 90-day period. The share price for the reductions will be determined by market prices at the time of sale.