Electric Connector Technology director completes planned share reduction

Mr. Wang Guoliang, a director at Electric Connector Technology, has completed his planned share reduction. He sold 5,000 shares between August 26, 2025, and September 11, 2025, through centralized bidding. This transaction represents 0.001% of the company's total share capital. The average selling price was CNY 50.92 per share.

Before the reduction, Mr. Wang held 21,000 shares, representing 0.005% of the total share capital. After the reduction, his total holdings decreased to 16,000 shares, representing 0.004% of the current total share capital. The shares sold originated from the company's 2022 restricted stock incentive plan.

Electric Connector Technology clarified that Mr. Wang is not a controlling shareholder or actual controller. The company confirms that the share reduction plan was executed in compliance with all relevant laws and regulations, and it will not impact the company's corporate governance or equity structure, nor will it lead to a change in control.