002323SZSE

Announcement Regarding Controlling Shareholder's Reduction of Company Shares Exceeding 1% Integer Multiple

*ST Yabo Co., Ltd.·

✨ AI Summary

Shandong Yabo Technology Co., Ltd. announces that its controlling shareholder, Shandong Quanxing Technology Co., Ltd., has reduced its holdings by 41.0104 million shares, representing 1.93% of the total share capital. This reduction triggers the 1% integer multiple disclosure requirement. The company confirms the information is accurate and complete, and the reduction complies with relevant laws and regulations.

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Securities Code: 002323 Securities Abbreviation: Yabo Shares Announcement Number: 2026-005

Shandong Yabo Technology Co., Ltd.

Announcement Regarding Controlling Shareholder's Reduction of Company Shares Exceeding 1% Integer Multiple

The controlling shareholder Shandong Quanxing Technology Co., Ltd. guarantees that the information provided to this company is true, accurate, and complete, without false records, misleading statements, or significant omissions.

  1. Basic Information on Equity Change

Shandong Yabo Technology Co., Ltd. (hereinafter referred to as the "Company") received on March 20, 2026, the "Notice on Controlling Shareholder's Reduction of Company Shares Exceeding 1% Integer Multiple" from its controlling shareholder, Shandong Quanxing Technology Co., Ltd. (hereinafter referred to as "Quanxing Technology"). On March 20, 2026, Quanxing Technology cumulatively reduced its holdings by 41.0104 million shares through centralized bidding, accounting for 1.93% of the Company's total share capital. The specific situation is as follows:

  1. Basic Information
Information Disclosure ObligorShandong Quanxing Technology Co., Ltd.
AddressNo. 17 Donghai Road, Shizhong District, Zaozhuang City, Shandong Province
Equity Change DateMarch 20, 2026
Stock AbbreviationYabo Shares
Stock Code002323
Change Type (Multiple Choice)Increase ☐ Decrease ☑
Acting in ConcertYes ☐ No ☑
Is it the largest shareholder or actual controller?Yes ☑ No ☐

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