Dynanonic shareholder completes significant stock reduction plan

Shenzhen Dynanonic Co., Ltd. announced on November 5, 2025, that shareholder Qin Dongdong has completed his share reduction plan. The plan, initially disclosed on July 28, 2025, involved reducing his holdings by up to 2,795,400 shares.

Between August 18, 2025, and November 4, 2025, Qin Dongdong sold 2,783,619 shares via centralized bidding at an average price of 35.62 yuan per share. This transaction represents 0.9935% of the total share capital and 0.9941% after excluding the company's current buyback account shares of 161,700.

Following the completion of this plan, Qin Dongdong's total holdings in Shenzhen Dynanonic decreased from 14,009,402 shares (5.0000% of total share capital) to 11,225,783 shares (4.0065% of total share capital). The company clarified that Qin Dongdong is not a controlling shareholder, and this reduction will not alter the company's control structure or impact its governance and operations.