Shanghai Yiwei Communication Technology Co., Ltd. (hereinafter referred to as "the Company") announces the following regarding the share reduction plans of shareholders holding over 5% and certain senior management:
Special Reminder:
- Shareholder Smart Turbo International Limited (hereinafter referred to as "Smart Turbo"), holding 43,155,130 shares (accounting for 9.3362% of the total share capital), plans to reduce its holdings through centralized bidding or block trading within three months starting from 15 trading days after this announcement (i.e., from June 25, 2026, to September 24, 2026), with a maximum reduction of 4,622,365 shares (accounting for 1% of the total share capital).
- Shareholder Sinoway Consultants Limited (hereinafter referred to as "Sinoway"), holding 30,220,190 shares (accounting for 6.5378% of the total share capital), plans to reduce its holdings in the same manner and period, with a maximum reduction of 4,622,365 shares (accounting for 1% of the total share capital).
- Senior management member Mr. Peng Wei, holding 2,113,808 shares (accounting for 0.4573% of the total share capital), plans to reduce his holdings in the same manner and period, with a maximum reduction of 528,452 shares (accounting for 0.1143% of the total share capital).
The Company has recently received the "Share Reduction Plan Notification Letter" from shareholders Smart Turbo, Sinoway, and senior management member Mr. Peng Wei, and hereby announces the relevant information as follows: Shareholders Smart Turbo, Sinoway, and Mr. Peng Wei guarantee that the information provided to the Company is true, accurate, and complete, with no false records, misleading statements, or significant omissions. The Company and all members of the board guarantee that the announcement content is consistent with the information provided by the information discloser.