Result of Vanchip's shareholder reduction plan implementation: reduced by 1%, not reaching the original plan

Recently, Vanchip Electronics Technology Co., Ltd. announced the results of the share reduction by shareholders holding more than 5% and their concerted actions. Before the implementation of the reduction plan, GuiRen Capital and its concerted actions held a total of 35,526,076 shares, accounting for 8.26% of the total share capital. On June 5, 2025, the company disclosed the reduction plan, intending to reduce no more than 12,909,390 shares, not exceeding 3% of the total share capital. The reduction period was from July 1, 2025, to September 19, 2025. Through centralized bidding, a total of 4,302,981 shares were reduced, accounting for 1% of the total share capital, with a reduction price of 30.70 - 36.41 yuan/share, totaling 139,054,656.39 yuan. A total of 8,606,409 shares were not completed, and the current shareholding ratio has decreased to 7.26%. This reduction is consistent with the plan and has not been terminated early