Wantong Intelligent Control: The controlling shareholder Hangzhou Wantong Intelligent Control Holdings plans to reduce its holdings by no more than 2%

Wantech Smart Control Announcement: The company’s controlling shareholder, Hangzhou Wantech Smart Control Holdings Co., Ltd., holds 100 million shares, accounting for 43.6129% of the total share capital after excluding the repurchased securities account. It intends to reduce its holdings by no more than 4.6251 million shares within three months after fifteen trading days from the date of disclosure, accounting for 2.0000% of the company’s total share capital and 2.0072% of the total share capital after excluding the repurchased securities account. The shares originate from the shares issued prior to the initial public offering.

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