Elon Technology announced that Zhang Yinhua, the controlling shareholder and actual controller, holds 22.55 million shares of the company, accounting for 28.57% of the total share capital. It plans to reduce its holdings by no more than 2 million shares through centralized bidding or bulk transactions from November 4, 2026 to February 2, 2027, accounting for 2.59% of the total share capital. The reason for the reduction was its own capital requirements.

Elon Technology announced that Zhang Yinhua, the controlling shareholder and actual controller, holds 22.55 million shares of the company, accounting for 28.57% of the total share capital. It plans to reduce its holdings by no more than 2 million shares through centralized bidding or bulk transactions from November 4, 2026 to February 2, 2027, accounting for 2.59% of the total share capital. The reason for the reduction was its own capital requirements.