CSG Smart Science & Technology controlling shareholder reduces stake

Huang Mingsong, the controlling shareholder and actual controller of CSG Smart Science & Technology, reduced his stake by 430,000 shares on October 10, 2025, through centralized bidding. This accounts for 0.06% of the company's total share capital. Following this transaction, Huang Mingsong's ownership percentage in the company decreased from 22.01% to 21.96%.

This recent reduction follows earlier transactions between August 26 and September 4, 2025, where Huang Mingsong cumulatively reduced his holdings by 20.06m shares, representing 2.58% of the company's total share capital. The total reduction amount aligns with the pre-disclosed plan announced on June 27, 2025, which outlined a potential reduction of up to 23.3484m shares, or 3% of the total share capital.

The company confirmed that the share reduction plan is in compliance with relevant regulations and does not alter the company's control or negatively impact its governance structure or ongoing operations. The reduction is part of a previously disclosed plan, which is still in progress.