Farsoon's shareholders with over 5% stake, Guotou Chuangye Fund, reduced their holdings to 5.93%

Hunan Farsoon High-tech Co., Ltd. announced that its shareholder, the State Investment Technology Achievement Transformation Venture Capital Fund, holding more than 5% of shares, will reduce its holdings by a total of 4,443,727 shares from July 1 to July 25, 2025, through centralized bidding and block trading. Its shareholding will decrease from 28,991,747 shares to 24,548,020 shares, reducing its proportion of the total share capital from 7.00% to 5.93%, with the equity change reaching the 1% threshold. This reduction is in accordance with the disclosed plan, does not violate commitments, does not trigger a mandatory takeover offer, and will not lead to a change in the company's controlling shareholder or affect its ongoing operations. As of the announcement date, the State Investment Venture Capital Fund is still in the implementation period of the reduction plan, and the company will urge it to disclose compliance