Shenzhen Yibo Technology Co., Ltd. Announcement on the Expiration of the Shareholder's Share Reduction Plan and Its Implementation Status

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Stock code: 301366 Stock abbreviation: Yibo Technology Announcement number: 2026-005

Shenzhen Yibo Technology Co., Ltd.

Announcement on the Expiration of the Shareholder’s Share Reduction Plan Period

and Its Implementation Status

The shareholder, Shenzhen Lingyu Jicheng Equity Investment Partnership (Limited Partnership), guarantees that the information provided to our company is true, accurate, and complete, with no false records, misleading statements, or significant omissions.

Our company and all members of the board of directors guarantee that the announcement content is consistent with the information provided by the information disclosure obligor.

Shenzhen Yibo Technology Co., Ltd. (hereinafter referred to as the Company) disclosed the “Pre-Disclosure Announcement on Shareholder Share Reduction” on November 26, 2025. The company shareholder, Shenzhen Lingyu Jicheng Equity Investment Partnership (Limited Partnership) (hereinafter referred to as Lingyu Jicheng), intends to reduce its shares in the company through centralized bidding and block trading, totaling no more than 6,251,301 shares, representing a reduction ratio of no more than 2.9834% of the total share capital of the company (including the number of shares held in the company’s stock repurchase special account as of the announcement date, which is 1,159,500 shares); accounting for 3.0000% of the total share capital of the company (after excluding the number of shares held in the company’s stock repurchase special account as of the announcement date, which is 1,159,500 shares). The reduction period will take place within three months starting from 15 trading days after the disclosure of the aforementioned announcement, specifically from December 18, 2025, to March 17, 2026 (excluding any periods during which reductions are prohibited by laws, regulations, or normative documents). For detailed information, please refer to the company’s announcement on November 26, 2025, on the Giant Tide Information Network (

Recently, the company received a notice from the shareholder Lingyu Jicheng regarding the “Notice on the Expiration of the Share Reduction Plan Period and Its Implementation Status”. The shareholder Lingyu Jicheng’s share reduction plan period has expired, and it has not reduced its shares in the company within the stipulated time frame. The relevant situation is announced as follows:

I. Shareholder Reduction Situation

1. Shareholder Reduction of Shares

As of the date of this announcement, the implementation period of this reduction plan has ended, and the shareholder Lingyu Jicheng has not reduced its shares in the company.

2. Shareholding Situation Before and After the Shareholder’s Reduction

During the implementation period of this reduction plan, the shareholder Lingyu Jicheng did not reduce its shares in the company, and its shareholding situation has not changed. The specific situation is as follows:

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Note: The shares held by the above-mentioned shareholder are sourced from those acquired before the company’s IPO and from capital reserve transfers after the listing. As of the date of this announcement, the number of shares in the company’s stock repurchase special account is 1,159,500 shares.

II. Relevant Risk Warning

1. The matters related to the shareholder Lingyu Jicheng’s reduction plan have been pre-disclosed in accordance with relevant regulations, and this reduction plan is consistent with the previously disclosed commitments, with no violations of its reduction plan.

2. As of the date of this announcement, the implementation period of the shareholder Lingyu Jicheng’s reduction plan has expired.

3. Lingyu Jicheng is not the company’s controlling shareholder or actual controller, and the implementation of its reduction plan will not lead to a change in the company’s control, nor will it have a significant impact on the company’s governance structure and future continued operation.

III. Reference Documents

The notice issued by the shareholder Lingyu Jicheng titled “Notice on the Expiration of the Share Reduction Plan Period and Its Implementation Status”

This announcement is hereby made.

Shenzhen Yibo Technology Co., Ltd.

Board of Directors

March 17, 2026

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