According to Tongye Technology's announcement, Tianjin Nvidia Venture Capital Partnership, a shareholder holding 5% or more of the company's shares, has been implemented. From August 25 to September 23, 2026, the company's shares were reduced by a total of 4.333,300 shares through centralized bidding and bulk transactions, accounting for 2.99% of the company's current total share capital. After this equity change, the total shareholding ratio of Tianjin Nvidia and its co-actors dropped from 73.93% to 71.08%, which is an integer multiple of 1%. The current holdings reduction is in line with the disclosed holdings reduction plan. It does not touch on the proposed takeover, and will not cause changes in the company's controlling shareholders or actual controllers.

According to Tongye Technology's announcement, Tianjin Nvidia Venture Capital Partnership, a shareholder holding 5% or more of the company's shares, has been implemented. From August 25 to September 23, 2026, the company's shares were reduced by a total of 4.333,300 shares through centralized bidding and bulk transactions, accounting for 2.99% of the company's current total share capital. After this equity change, the total shareholding ratio of Tianjin Nvidia and its co-actors dropped from 73.93% to 71.08%, which is an integer multiple of 1%. The current holdings reduction is in line with the disclosed holdings reduction plan. It does not touch on the proposed takeover, and will not cause changes in the company's controlling shareholders or actual controllers.