Hongquan Technology announced that Beijing Qianfang Technology Co., Ltd., a shareholder holding 5% or more of the shares, reduced its total holdings of the company by 1.55 million shares through bulk transactions from December 22, 2025 to January 6, 2026, accounting for 1.55% of the company's current total share capital. After this equity change, Qianfang Technology's share holding ratio decreased from 11.94% to 10.39%, and the equity change hit an integer multiple of 1%. As of the disclosure date of this announcement, the holdings reduction plan has not yet been implemented.

Hongquan Technology announced that Beijing Qianfang Technology Co., Ltd., a shareholder holding 5% or more of the shares, reduced its total holdings of the company by 1.55 million shares through bulk transactions from December 22, 2025 to January 6, 2026, accounting for 1.55% of the company's current total share capital. After this equity change, Qianfang Technology's share holding ratio decreased from 11.94% to 10.39%, and the equity change hit an integer multiple of 1%. As of the disclosure date of this announcement, the holdings reduction plan has not yet been implemented.