Sie Consulting controlling shareholders cut stake by over 1%

Between December 11 and December 15, 2025, Guangzhou Sie Consulting's controlling shareholders and concerted parties, including Zhang Chengkang, Liu Weichao, Liu Guohua, Ouyang Xiangying, Cao Jinqiao, and Xuan Yuan Private Equity Fund Management (Guangdong) Co., Ltd. – Xuan Yuan Ke Xin 213 Private Equity Investment Fund, collectively reduced their stake in the company by 4,837,900 shares. This represents a 1.1846% decrease in total share capital. The transactions were executed through block trades and concentrated bidding.

Following these transactions, the combined shareholding of these parties decreased from 30.0000% to 28.8154%, triggering the 1% integer multiple reduction threshold. Specifically, Zhang Chengkang sold 2,312,800 shares (0.5663%), Liu Weichao sold 1,057,100 shares (0.2588%), Ouyang Xiangying sold 888,000 shares (0.2174%), and Cao Jinqiao sold 580,000 shares (0.1420%).

This change in shareholding is a fulfillment of a previously disclosed reduction plan from August 30, 2025, and does not alter the company's controlling shareholder, actual controller, governance structure, or ongoing operations.