Zhejiang Zuch Technology Co. Ltd. A

Zhucheng Technology disclosed a pre-announcement on the evening of September 30 regarding a shareholder share reduction. Shi Lefen, one of the company's controlling shareholders, actual controllers, and directors, along with her concert party Yueqing Jiuhong Investment Management Center Limited Partnership, plan to reduce their combined holdings by no more than 5.74 million shares over the next three months due to their own capital needs, representing 3% of total share capital. Among them, Shi Lefen, who holds 12.8198% of the company's total share capital, plans to reduce 1,436,190 shares, accounting for 0.75% of total share capital; Jiuhong Investment, which holds 3.5438% of total share capital, plans to reduce 4,308,573 shares, accounting for 2.25% of total share capital. The shares to be reduced originate from pre-initial public offering holdings, and the reduction methods are block trades and centralized bidding. The reduction period is from October 29, 2026 to January 28, 2027, and the reduction price will not be lower than the company's initial public offering price. Based on a rough calculation using Zhucheng Technology's closing price of 41.06 yuan per share on September 30, the latest market value of the maximum combined reduction of 5,744,763 shares is approximately 236 million yuan. Zhucheng Technology is mainly engaged in the research, development, production, and sales of electronic connectors, with its main products being home appliance connectors. Its 2026 semi-annual report published on August 25 showed operating revenue of 1.225 billion yuan, up 36.17% year on year, and net profit attributable to the parent company of 132 million yuan, up 49.35% year on year. The company also plans to distribute a cash dividend of 3.7 yuan per 10 shares, tax included, to all shareholders.