Major shareholder ends B-Soft share reduction plan early

Shareholder Ge Hang has prematurely terminated his planned share reduction for B-Soft (SZSE:300451), originally slated to occur between October 23, 2025, and January 22, 2026. The initial plan involved the disposal of up to 37,038,029 shares, representing 2.3909% of the company's total share capital, through centralized bidding and block trading.

This decision follows a recent agreement where Ge Hang will transfer 96,525,096 shares, approximately 6.23% of B-Soft’s total share capital, to Hangzhou Genghao Zhitou Management Consulting Partnership (Limited Partnership) via an agreement transfer. Additionally, Ge Hang will delegate the voting rights of 155,780,282 shares (10.06% of total share capital, including those transferred) to Hangzhou Genghao Zhitou, establishing a concerted action relationship between them.

As of November 27, 2025, Ge Hang holds 155,780,282 shares, accounting for 10.06% of B-Soft’s total share capital, with no actual share reduction transactions having taken place. The early termination ensures compliance with relevant securities laws and regulations, fulfilling disclosure obligations without executing any sales under the original plan.