Noposion's controlling shareholder reduces stake, ownership drops to 33%

Shenzhen Noposion Agrochemicals disclosed that its actual controlling shareholder, Mr. Lu Baiqiang, and concerted parties, including Shenzhen Noposion Investment Holding Co. Ltd. and Yunnan Runbaoyingxin Agriculture Co. Ltd., reduced their aggregate shareholding. Between December 23 and December 24, 2025, they sold 10,051,000 shares through block trades, representing 1% of the company's total share capital.

Following this transaction, the combined holdings of Mr. Lu Baiqiang and his concerted parties decreased from 341,765,039 shares to 331,714,039 shares. This shift caused their total ownership to fall from 34% to 33%, triggering a 1% integer multiple threshold in their equity change.

The company confirmed this equity change will not alter the company's control or significantly impact its governance structure and ongoing operations. The transaction adheres to relevant laws and regulations, with no reported violations or breaches of commitments.