NINGBO KANGQIANG: Simaisi has reduced its holdings by 1.00%

KANGQIANG announced that its shareholder, Ningbo Simaisi Electronic Technology Co., Ltd., holding more than 5% of the shares, reduced its holdings by 3.7528 million shares through centralized bidding transactions from September 1, 2025, to October 27, 2025, at an average price of 17.49 yuan per share, accounting for 1.00% of the company's total share capital; after the reduction, its holdings decreased to 24.4699 million shares, accounting for 6.52%, down from 28.2227 million shares, which accounted for 7.52%. This reduction plan has been fully implemented