Shanghai Fortune Techgroup executive completes share sale plan

Shanghai Fortune Techgroup announced today that Sun Jian, a senior manager, has completed his share reduction plan. The plan, initially disclosed on July 11, 2025, involved the sale of up to 95,000 shares, representing 0.0185% of the company's total share capital. The sales were executed via centralized bidding between August 29, 2025, and September 22, 2025.

Sun Jian's shares were acquired through the company's 2021 restricted stock incentive plan. The total value of the divested shares, calculated at an average price of CNY 23.33 per share, amounts to CNY 2,216,350. Following the completion of this plan, Sun Jian now holds 285,000 shares, maintaining 0.0556% of the company's total share capital.

The company confirmed that the share reduction was conducted in strict compliance with relevant laws and regulations. It is not expected to impact the company's governance structure or continuous operations, nor will it result in a change of control.