Notice on Judicial Auction of Shares Held by Shareholders Exceeding 5%

Guao Technology Co., Ltd.·June 3, 2026·3 pages

✨ AI Summary

This announcement informs that 255 million shares, representing 0.75% of the company, will be auctioned due to judicial proceedings. The auction is scheduled between May 21 and May 27, 2026. The company emphasizes the potential impact on its structure and operations.

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Full Translation

AI Translation· azure_openai

Special Risk Reminder:

The shares subject to judicial auction are 255 million shares held by Mr. Chen Dong, accounting for 0.75% of the company's total shares. The auction will take place from May 21 to May 27, 2026, and the company’s shareholding ratio will decrease by 16.60% after the auction.
The company’s actual controlling shareholder, Mr. Chen, holds 23.32% of the company’s shares. After this auction, his shareholding ratio will reduce to 21.10%, which may affect the company's control structure and operational stability.

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