Lianang Technology shareholder Ge Liangdi reduces holdings by 2 million shares, cashing out approximately 22.63 million yuan. The share reduction plan has been completed.

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Recently, Lion Technology Co., Ltd. (hereinafter referred to as “Lion Technology”) announced that the share reduction plan of its shareholder and director Ge Liangdi, who holds more than 5% of the shares, has been completed. This reduction involved a total of 2 million shares, accounting for 0.4345% of the company’s total share capital (excluding shares in the repurchase dedicated account), with an average selling price of 11.3151 yuan per share, amounting to approximately 22.63 million yuan in cash.

Details of the Share Reduction Plan Implementation

According to the announcement, Ge Liangdi’s reduction plan was first disclosed in a pre-disclosure announcement issued on February 9, 2026, which planned to reduce no more than 2 million shares through centralized bidding within three months after the announcement date. As of the disclosure date, the plan has been fully completed, and the actual reduction did not exceed the planned limit.

Note: The above reduction proportion is calculated based on the total share capital of 460,298,196 shares after excluding shares in the company’s repurchase dedicated account.

Shareholding Changes Before and After the Reduction

The announcement shows that before this reduction, Ge Liangdi held a total of 27,908,689 shares of Lion Technology, accounting for 6.0632% of the total share capital; after the reduction, her holdings decreased to 25,908,689 shares, accounting for 5.6287%. In terms of share types, all the reduced shares came from freely tradable shares, decreasing from 6,977,172 shares to 4,977,172 shares. The number of restricted shares remained unchanged at 20,931,517 shares.

Impact on the Company and Compliance Explanation

Lion Technology emphasizes in the announcement that Ge Liangdi is not a controlling shareholder or actual controller of the company. The implementation of this reduction plan will not lead to a change in the company’s control rights, nor will it affect the company’s governance structure or ongoing operations. At the same time, this reduction strictly complies with the Securities Law, the Shenzhen Stock Exchange Growth Enterprise Market Listing Rules, and other relevant laws and regulations, consistent with the previously disclosed reduction plan and commitments, with no violations.

It is understood that the shares reduced by Ge Liangdi this time originated from shares held before the company’s initial public offering and shares obtained through rights distribution. As of the disclosure date, she still holds more than 5% of the company’s shares, and future share changes will continue to comply with relevant regulatory requirements.

Lion Technology states that after the completion of this reduction plan, the company will continue to monitor changes in shareholder holdings and fulfill information disclosure obligations in a timely manner according to disclosure requirements.

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 appearing 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, contact biz@staff.sina.com.cn.

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Editor: Xiao Lang Express