CSG Smart Science & Technology's controlling shareholder reduces stake

Huang Ming-Song, the controlling shareholder and actual controller of CSG Smart Science & Technology, has reduced his equity stake, triggering a change that reached an integer multiple of 1%. From January 10 to September 4, 2025, Huang's shareholding decreased through a combination of company share repurchases and his own disposals.

Initially, on January 10, 2025, the company’s share repurchase of 1,961,000 shares, which were subsequently cancelled, passively increased Huang’s ownership from 24.53% to 24.59% of the total share capital, which decreased to 778,281,234 shares. Subsequently, between August 26 and September 4, 2025, Huang directly reduced his holdings by 20,060,000 shares, representing 2.58% of the company's total share capital.

Following these transactions, Huang's equity ratio in CSG Smart Science & Technology decreased from 24.59% to 22.01%. This reduction of 2.58% was carried out through both centralized bidding and block trading methods. The company confirmed that the share reduction aligns with previously disclosed plans and does not lead to a change in control.