Securities Code: 300698 Securities Abbreviation: Wanma Technology Announcement No.: 2026-044
Wanma Technology Co., Ltd. Announcement on Judicial Auction of Part of Shareholder's Shares
The Company and the Board of Directors guarantee the content of the information disclosed is true, accurate, and complete, and there is no false or misleading representation or material omission.
Wanma Technology Co., Ltd. (hereinafter referred to as the "Company") recently received a notice from its shareholder Mr. Yan Nan. After inquiring through public online information, it was learned that the Hangzhou Lin'an District People's Court in Zhejiang Province will publicly auction 500,000 shares of the Company held by Mr. Yan Nan on the Taobao Judicial Auction platform from 10:00 on July 21, 2026, to 10:00 on July 22, 2026. The specific matters are as follows:
I. Basic Situation of the Shares to be Judicially Auctioned
| Shareholder Name | Whether Controlling Shareholder or Acting in Concert with First Largest Shareholder | Number of Shares to be Auctioned (shares) | Proportion of Shares Held | Proportion of Total Share Capital | Whether Restricted Shares | Auction Start Time | Auction End Time | Enforcement Officer Name | Reason |
|---|---|---|---|---|---|---|---|---|---|
| Yan Nan | No | 500,000 | 16.67% | 0.37% | Yes (Employee restricted shares upon resignation) | 10:00 on July 21, 2026 | 10:00 on July 22, 2026 | Hangzhou Lin'an District People's Court | Judicial Ruling |
| Total | 500,000 | 16.67% | 0.37% |
The above 500,000 shares to be judicially auctioned are pledged shares. For details, please refer to the "Announcement on Release and Pledge of Shares Held by Shareholder Exceeding 5%" disclosed by the Company on Juchao Information Network (www.cninfo.com.cn) on September 5, 2025 (Announcement No.: 2025-033).
II. Situation of Cumulative Judicial Auction of Shareholder's Shares
| Shareholder Name | Number of Shares Held (shares) | Proportion of Shares Held | Number of Shares Judicially Auctioned (shares) | Proportion of Shares Held | Proportion of Total Share Capital |
|---|---|---|---|---|---|
| Yan Nan | 3,000,000 | 2.24% | 2,900,000 | 96.67% | 2.16% |
| Total | 3,000,000 | 2.24% | 2,900,000 | 96.67% | 2.16% |
As of the date of this announcement, Mr. Yan Nan's shares have been judicially auctioned cumulatively by 2,900,000 shares. Among them, 500,000 shares are currently being publicly auctioned on the Taobao Judicial Auction online platform by the Hangzhou Lin'an District People's Court of Zhejiang Province.