CCTech's shareholder reduction plan has been completed, and it does not exceed the limit, which does not affect control

On July 22, 2025, CCTech disclosed a shareholder reduction plan. One of its actual controllers, a concerted actor and a shareholder holding more than 5%, Changchuan Investment, plans to reduce its holdings by no more than 11.22 million shares within three months after 15 trading days, through centralized bidding and block trading, accounting for 1.7796% of the total share capital. Recently, the company announced that from August 25 to September 24, Changchuan Investment cumulatively reduced its holdings by 11.219977 million shares, accounting for 1.7796% of the total share capital, completing the reduction plan without exceeding the planned number of shares. This reduction complies with regulations and is not in violation. After the reduction, the combined shareholding of the controlling shareholder, actual controller, and their concerted actors accounts for 26.6312%, which does not affect the company's control, governance structure, and ongoing operations