Focuslight's controlling shareholder, actual controller, and their concerted parties recently reduced their holdings by 868,800 shares

Focuslight's controlling shareholder and its concerted parties recently reduced their holdings by 868,800 shares. The reduction occurred from September 4 to September 12, 2025, involving shareholders including Liu Xingsheng, Song Tao, Yan Suibin, Li Xiaoning, Tian Ye, and several venture capital partnerships. After the reduction, Liu Xingsheng and the concerted parties collectively hold 14,135,450 shares of the company, with the shareholding ratio decreasing from 16.70% to 15.73%