Double Medical Technology's major shareholder reduces stake in pre-disclosed plan

Double Medical Technology announced that its major shareholder, Double Medical International Investment Co., Ltd., reduced its stake by 1,968,000 shares on October 31, 2025, via block trade. This transaction represents 0.48% of the company's total share capital.

Following this reduction, Double Medical International and its concerted parties now collectively hold 346,814,111 shares. Their total shareholding decreased from 84.24% to 83.77%, crossing the 1% integer multiple threshold. This reduction aligns with a previously disclosed plan from August 27, 2025, which outlined a potential sale of up to 8,280,390 shares, or 2.00% of the total share capital, within a three-month period.

The company confirmed the share reduction is consistent with the pre-existing plan and does not violate any related commitments. The overall share reduction plan is still ongoing.