Hangzhou Changchuan Technology Co., Ltd. (hereinafter referred to as "the Company" or "Changchuan Technology") disclosed on February 10, 2026, the pre-disclosure of the share reduction plan by its actual controller's concerted actor, Hangzhou Changchuan Investment Management Partnership (Limited Partnership) (hereinafter referred to as "Changchuan Investment"). Within three months after the announcement of the reduction plan, Changchuan Investment reduced its holdings by no more than 7,059,600 shares (accounting for 1.1128% of the total share capital at that time).
Recently, the Company received a notice from Changchuan Investment regarding the share reduction, indicating that from April 1 to April 28, 2026, it had reduced its holdings to reach a total reduction of 1.00% of the Company's total share capital (based on the total share capital of 634,418,614 shares as of April 28, 2026), and the reduction plan has been completed. As of the date of the notice, Changchuan Investment had cumulatively reduced its holdings by 7,009,600 shares, accounting for 1.1049% of the total share capital.