Daotech shareholder Jia Ziqiang plans to reduce holdings by no more than 7.708300 million shares, accounting for 0.99% of total share capital.

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Guangdong Daoshi Technology (Rights Protection) Co., Ltd. (hereinafter referred to as “Daoshi Technology”) announced on March 18, 2026, that shareholder Jia Ziqiang plans to reduce his holdings in the company within the next three months, with a reduction not exceeding 7.7083 million shares, accounting for 0.99% of the total share capital.

Reduction Subject and Shareholding Status

According to the announcement, the reduction will be carried out by shareholder Jia Ziqiang. As of the disclosure date, Jia Ziqiang held 31.0852 million shares of Daoshi Technology, representing 3.97% of the total share capital. After excluding shares held in the company’s repurchase account, his shareholding ratio is 4.03%.

Details of the Reduction Plan

The reason for Jia Ziqiang’s reduction is personal funding needs. The shares are obtained through agreement transfer. The specific reduction arrangements are as follows:

Additionally, the announcement states that if during the reduction period the company issues bonus shares, capital reserve to share capital conversions, rights issues, or other ex-dividend and ex-rights events occur, the number of shares to be reduced will be adjusted accordingly.

Shareholder Commitment Performance

The announcement discloses that Jia Ziqiang’s shares originate from an agreement transfer in May 2024. On May 8, 2024, Ms. Liang Haiyan transferred 31.0852 million unrestricted circulating shares to Jia Ziqiang through an agreement transfer. Jia Ziqiang committed at that time that the shares obtained would be voluntarily locked for 8 months from the date of transfer, during which he would not transfer or reduce holdings. As of the disclosure date of this reduction plan, Jia Ziqiang has strictly fulfilled this commitment, and this reduction plan is consistent with the previous commitment.

Risk Reminder

Daoshi Technology reminds that Jia Ziqiang will decide whether to implement the reduction plan based on market conditions, the company’s stock price, and other factors. The specific timing and price of the reduction are uncertain, and whether the plan will be carried out and completed on schedule also involves uncertainties. However, the company emphasizes that this reduction is a normal shareholder activity and will not significantly impact the company’s governance structure or future operations.

The board of directors stated that during the implementation of the reduction plan, they will supervise Jia Ziqiang to comply with relevant laws and regulations, fulfill information disclosure obligations in a timely manner, and remind investors to invest rationally and be aware of risks.

Disclaimer: The market carries risks; investment should be cautious. This article is automatically published by an AI large model based on third-party databases and does not represent Sina Finance’s views. Any information in this article is for reference only and does not constitute personal investment advice. Please refer to the actual announcement for any discrepancies. If you have questions, please contact biz@staff.sina.com.cn.

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Editor: Xiao Lang Kuai Bao