Olive Sensors High-Tech: CALB has completed the transfer of control of the company and the registration of the transfer

Olive Sensors High-Tech announced that on October 13, 2025, the share transfer agreement and voting rights waiver agreement signed between the company's controlling shareholder Li Hongqing and CALB have completed the transfer registration. CALB acquired 87,620,400 shares of the company, accounting for 10.94% of the company's total share capital, becoming the largest shareholder. Mr. Li Hongqing holds 204 million shares of the company, accounting for 25.42% of the company's total share capital, but the voting rights proportion of his shares has decreased to 5.94%. After the completion of this transfer, the company's controlling shareholder changes to CALB, with no actual controller. CALB still needs to pay the remaining equity transfer payment, and Mr. Li Hongqing will waive the voting rights of 156 million shares within 60 months. The company will complete the board of directors' re-election within 30 working days after the transfer registration is completed