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China Electronics Technology Group Corporation Research Institute: Controlling Shareholder Hu Chun Plans to Reduce Holdings by No More Than 1%
Electronics Institute Announcement: The controlling shareholder and actual controller, Hu Chun, holds 249 million shares, accounting for 33.27% of the total share capital. He plans to reduce his holdings by no more than 7.4909 million shares, or 1% of the total share capital, through centralized bidding from April 9, 2026, to July 8, 2026. The reduction price will be determined based on market prices. Within any consecutive 90 calendar days, the total reduction shall not exceed 1% of the total share capital. After this reduction, Hu Chun will still be the company’s controlling shareholder and actual controller.