B-Soft: Major shareholder completes share transfer to related entity

B-Soft Technology Co., Ltd. announced the completion of a share transfer by agreement involving its major shareholder, Philips (China) Investment Co., Ltd. Philips (China) Investment Co., Ltd. transferred 117,698,823 unrestricted shares, representing 7.597763% of B-Soft’s total share capital, to Philips Medical Systems (Shanghai) Co., Ltd. The transfer price per share was CNY 4.077, totaling CNY 479,858,101. The shares were officially registered on December 8, 2025.

Both the transferor, Philips (China) Investment Co., Ltd., and the transferee, Philips Medical Systems (Shanghai) Co., Ltd., are wholly-owned subsidiaries of Philips Electronics China Co., Ltd., indicating a transfer under common control. This transaction does not trigger a tender offer and will not impact B-Soft’s control or daily operations, as the company has no controlling shareholder or actual controller.

Philips Medical Systems (Shanghai) Co., Ltd. has committed not to reduce its holding of the acquired shares within twelve months following the completion of the transfer.