Capital Information to trim stake in Beijing Digital Certificate Authority

Capital Information Development Co., Ltd., a major shareholder of Beijing Digital Certificate Authority, intends to sell up to 5.4 million shares, representing 2% of the company's total share capital. The proposed reduction will be executed through centralized bidding and block trades within three months following 15 trading days from the announcement date. This move is aimed at funding technological innovation, including investments in AI, data processing, cloud-native microservice software platform development, and product research and development.

Prior to this planned sale, Capital Information Development held 70,835,896 shares, equivalent to 26.24% of Beijing Digital Certificate Authority's total share capital. The cumulative reduction through centralized bidding and block trades will not exceed 1% of the company's total share capital, respectively, within any consecutive 90-day period.

The company assures that the implementation of this plan will not lead to a change in control or adversely affect its ongoing operations. The specific selling price will be determined based on market conditions at the time of the reduction.