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Xincheng Technology: Shareholder and director Kang Lu, who holds more than 5% of shares, has cumulatively reduced his holdings by 970,700 shares.

Jin10 reported on November 3, new morning technology announced that major shareholder and director Kang Lu, who holds more than 5% of shares, reduced his holdings by a total of 970,700 shares through centralized bidding and after-hours pricing trading from October 24 to October 31, 2025. After the reduction, his shareholding decreased from 36,309,150 shares to 35,338,450 shares, accounting for a total share capital ratio from 12.1614% to 11.8363%, with the proportion of equity changes reaching an integer multiple of 1%. The reduction plan has not yet been fully implemented.

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