SHENTONG TECHNOLOGY's shareholder Biheng Investment reduced its holdings by 10.84 million shares, and the reduction plan has not been fully completed

SHENTONG TECHNOLOGY Group Co., Ltd. announced the results of the shareholder's share reduction. Before the implementation of the reduction plan, the shareholder Ningbo Biheng Venture Capital Partnership held 64,590,323 shares of the company's unrestricted circulating shares, accounting for 15.04% of the total share capital. On June 9, 2025, Biheng Investment planned to reduce its holdings by no more than 12,880,640 shares due to its own funding needs, with the reduction period from September 1 to September 30, 2025. As of September 30, Biheng Investment had cumulatively reduced its holdings by 10,844,358 shares, a reduction ratio of 2.51%, with a total reduction amount of 168,318,463.90 yuan, and an unfinished reduction of 2,036,282 shares, bringing the current shareholding ratio down to 12.43%. This reduction was conducted through centralized bidding and block trading, and the actual reduction was consistent with the plan, with no early termination