Nanwei Software: Actual controller Wu Zhixiong plans to reduce holdings by no more than 3% of shares.

Southward Software announced that its controlling shareholder and actual controller, Mr. Wu Zhixiong, holds 194 million shares of the company, accounting for 33.3624% of the total shares. He plans to reduce his holdings by no more than 17.4108 million shares, i.e., no more than 3% of the total shares, through centralized bidding and block trading during the period from July 15, 2026 to October 14, 2026. The reason for the reduction is to lower the stock pledge ratio and meet personal capital needs. This reduction plan is subject to uncertainties in timing, price, and quantity.
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