Hangzhou MDK's shareholders holding over 5% have reduced their holdings, with the shareholding ratio dropping to 5.92%

Hangzhou MDK Optoelectronic Technology Co., Ltd. announced that on September 17, the company received a notice from its major shareholder, Hong Kong Fengsheng Jiamei Investment Co., Ltd., which informed that it reduced its holdings by 2,424,798 shares through centralized bidding, decreasing its shareholding ratio from 6.52% to 5.92%, reaching a 1% integer multiple. This change in equity is part of the shareholder's previously announced reduction plan, does not trigger a mandatory takeover bid, will not lead to a change in the company's controlling shareholder and actual controller, and does not involve the disclosure of an equity change report. As of the announcement date, the shareholder is still within the implementation period of the reduction plan, and the company will urge it to comply with the reduction and disclose information in a timely manner, reminding investors to pay attention to risks