301607SZSE

Announcement Regarding Specific Shareholder's Reduction in Shareholding Ratio Reaching an Integer Multiple of 1%

Zhejiang EV-Tech Co., Ltd.··3 pages

✨ AI Summary

Zhejiang Futu Technology Co., Ltd. announced that shareholder Changgao Electric Group Co., Ltd. reduced its stake in the company by 1,544,700 shares between June 17 and June 22, 2026. This reduction, representing 0.6598% of the total share capital, caused the shareholder's total stake to decrease from 4.6597% to 3.9999%. This change triggers the disclosure requirement as the reduction has reached an integer multiple of 1%.

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Stock Code: 301607 Stock Abbreviation: Futu Technology Announcement No.: 2026-046

Zhejiang Futu Technology Co., Ltd.

Announcement Regarding Specific Shareholder's Reduction in Shareholding Ratio Reaching an Integer Multiple of 1%

Zhejiang Futu Technology Co., Ltd. (hereinafter referred to as the "Company") disclosed the "Pre-disclosure Announcement Regarding Share Reduction by Specific Shareholders" (Announcement No.: 2026-036) on the Cninfo website (http://www.cninfo.com.cn/) on May 25, 2026. The Company's shareholder, Changgao Electric Group Co., Ltd. (hereinafter referred to as "Changgao Electric"), held 10,909,756 shares of the Company (accounting for 4.66% of the Company's total share capital, including 3,117,073 shares increased due to the 2025 capital reserve conversion). It planned to reduce its shareholding by no more than 7,023,800 shares, or no more than 3% of the Company's current total share capital, within 3 months starting 15 trading days after the disclosure of the announcement (i.e., from June 15, 2026, to September 14, 2026) via centralized bidding and block trading. For reductions via centralized bidding, the number of shares reduced within any 90 consecutive calendar days shall not exceed 1.00% of the Company's total shares; for reductions via block trading, the number of shares reduced within any 90 consecutive calendar days shall not exceed 2.00% of the Company's total shares.

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