Major shareholder plans to cut stake in Xinyu Guoke

Jiangxi Agricultural Development Group Co., Ltd., a major shareholder of Jiangxi Xinyu Guoke Technology Co., Ltd., plans to divest a portion of its holdings. The group currently holds 76,754,811 shares, representing 27.73% of the company's total share capital. The planned reduction will involve up to 2,767,564 shares, equivalent to 1.00% of the total share capital, executed through concentrated bidding.

The share reduction period is scheduled to commence fifteen trading days after the announcement date, specifically from October 17, 2025, to January 16, 2026. The sale will be conducted at a price not lower than the initial public offering price, adjusted for any ex-dividend or ex-rights events. The shareholder cited its own capital requirements as the reason for the divestment.

Jiangxi Agricultural Development Group is not the company's controlling shareholder or actual controller, and this planned reduction is not expected to alter the company's control structure or significantly impact its governance or ongoing operations.