Industrial Investment Fund cuts GCI Science & Technology stake below 5%

The Industrial Investment Fund Co., Ltd. has reduced its stake in GCI Science & Technology from 5.9696% to 4.999999%, no longer making it a shareholder holding over 5%. This change involved the fund selling 6,598,800 shares between September 2, 2025, and November 24, 2025, through centralized bidding on the stock exchange. The shares sold were valued at 27,229,052 yuan, representing a 0.9697% decrease in holdings and triggering a 1% integer multiple disclosure.

The divestment took place from October 25, 2024, to November 24, 2025, with prices ranging from 22.52 yuan to 29.43 yuan. This action was primarily driven by the fund's capital requirements, following an earlier passive increase in its holdings due to GCI Science & Technology's repurchase and cancellation of restricted shares on July 30, 2024. This change in ownership does not affect the company's control or governance structure.

The Industrial Investment Fund Co., Ltd. has affirmed its compliance with relevant securities laws and regulations, noting that its current holdings are unrestricted. While the fund does not rule out further adjustments to its stake in the next 12 months, any such actions will be disclosed according to regulations.