VRV Software shareholder's stake drops below 5% threshold

On March 19, 2025, VRV Software (SZSE:300352) announced that shareholder Xu Zifa's stake in the company has decreased below 5%. Xu Zifa sold 188,800 shares via centralized competitive bidding, reducing his ownership to 4.9999997% of the total share capital, equivalent to 72,491,200 shares. The sale was priced at an average of 5.82 yuan per share. The company confirms that the change does not impact the controlling shareholder structure and complies with relevant laws and regulations. VRV Software will continue to monitor Xu Zifa's shareholding and fulfill disclosure obligations.