Noposion's controlling shareholders reduce stake, triggering disclosure

Shenzhen Noposion Agrochemicals' actual controller, Mr. Lu Baiqiang, and his concerted parties, including Shenzhen Noposion Investment Holding Co. Ltd., Yunnan Runbaoyingxin Agricultural Co. Ltd., and Ms. Lu Cuidong, have reduced their combined shareholding. The sale of 2,096,900 shares via centralized bidding, representing 0.21% of the company's total share capital, decreased their collective stake from 35.21% to 35.00%. This transaction, executed between October 16, 2025, and November 6, 2025, at an average price of CNY 11.63 per share, triggered a 5% integer multiple disclosure threshold.

This equity change, detailed in the summary equity change report dated November 7, 2025, does not alter the company's control or negatively impact its governance structure or ongoing operations. Mr. Lu Baiqiang currently has 61 million shares pledged.

The concerted parties had previously announced a plan on September 9, 2025, to potentially reduce their holdings by up to 30 million shares (2.98% of total share capital) over three months. This included up to 1% via centralized bidding and up to 2% via block trades. Further equity changes in the next 12 months will be disclosed in accordance with legal and regulatory requirements.