SUNWARD: Shareholder Changsha Economic Development Group's shareholding ratio has dropped to below 5%

SUNWARD announced that its shareholder, Changsha Economic and Technological Development Group Co., Ltd., which held more than 5% of the company's shares, has reduced its shareholding to below 5%. Before this change in equity, Changsha Economic and Technological Development Group held 54.3607 million shares, accounting for 5.05861% of the company's total share capital. After this change in equity, Changsha Economic and Technological Development Group holds 53.7308 million shares, accounting for 4.99999% of the company's total share capital, and is no longer a shareholder holding more than 5% of the company