Luxshare Precision co-founder completes shareholding increase plan

Wang Laisheng, a co-founder and vice chairman of Luxshare Precision Industry Co., Ltd., has completed his shareholding increase plan. Between September 1 and September 10, 2025, Mr. Wang acquired an additional 4,414,500 shares through centralized bidding on the Shenzhen Stock Exchange, totaling RMB 200,942,600 (excluding transaction fees). This purchase exceeded the lower bound of his initial target of RMB 200,000,000 and remained within the upper bound of RMB 300,000,000.

Following this transaction, Mr. Wang directly holds 19,854,147 shares, representing 0.27% of Luxshare Precision's total share capital. Including indirect holdings through Hong Kong Luxshare Co., Ltd., which he jointly controls with Ms. Wang Laichun, their combined ownership now stands at 37.81%. The legal opinion from Han Kun Law Offices (Shenzhen) confirms that this share increase complies with relevant securities laws and regulations, and is exempt from a tender offer.

The company previously disclosed the plan on April 9, 2025 (Announcement No.: 2025-033) and provided a progress update on July 9, 2025. The completed acquisition is considered an individual action by the increasing shareholder, not a recommendation to investors.