Beijing Jones Tech directors complete share reduction plan

Beijing Jones Tech PLC announced the completion of its directors' share reduction plan, which involved Chen Qu and Chen Yu. The plan, initially disclosed on November 24, 2025, aimed to reduce their combined holdings by up to 362,894 shares, representing 0.12% of the company's total share capital after excluding shares in the buyback special account. The reduction was carried out via centralized bidding.

As of the announcement date, the directors cumulatively sold 362,861 shares, precisely matching the 0.12% target of the company's total share capital (excluding shares in the buyback special account). Chen Qu sold 265,961 shares at an average price of 49.17 yuan, while Chen Yu sold 96,900 shares at an average price of 45.03 yuan. This transaction was executed between December 17, 2025, and December 22, 2025.

Post-reduction, Chen Qu's holdings decreased from 1,063,842 shares (0.36%) to 797,881 shares (0.27%), with his unrestricted shares now at zero. Chen Yu's holdings decreased from 387,732 shares (0.13%) to 290,832 shares (0.10%), with his unrestricted shares also significantly reduced to 33. The company confirmed that this plan adhered to all relevant securities laws and regulations and will not impact the company's control or governance structure.