Digital China Information: Shareholder finishes reduction plan

Digital China Information Service Group Co., Ltd. announced that its shareholder, Kunshan Shenchang Technology Co., Ltd. ("Shenchang Technology"), has completed its share reduction plan. The plan, initially disclosed on July 25, 2025, involved Shenchang Technology reducing its stake by up to 9,500,000 shares through concentrated bidding, representing 0.9736% of the company's total share capital. The average disposal price was CNY 16.25 per share, with transactions occurring between August 21, 2025, and November 3, 2025.

Following the completion of this reduction, Shenchang Technology's shareholding decreased from 5.0942% to 4.1207% of the total share capital, meaning it is no longer a shareholder with more than 5% of the company's shares. The disposed shares originated from a 2013 restructuring and a 2015 capital reserve transfer.

The company confirmed that the share reduction was conducted in compliance with relevant laws and regulations. Digital China Information Service Group emphasized that this share reduction will not alter the company's controlling shareholder or actual controller, nor will it impact the company's corporate governance structure or ongoing operations.