Gangdi Technology: Shareholder Jiaxing Liding's shareholding ratio drops below 5%

Hongdi Technology Announcement: The information disclosure obligor, Jiaxing Liding Fund Management, has cumulatively reduced its holdings of the company’s shares by 216,100 shares through centralized bidding, accounting for 0.3881% of the company’s total share capital. After the reduction, Jiaxing Liding’s shareholding ratio decreased to 4.9998%, reaching a multiple of 5%. The nature of the equity change is a reduction in shares. This equity change does not trigger a mandatory tender offer, will not result in a change of the company’s controlling shareholder or actual controller, and will not have a substantial impact on the company’s ongoing operations, profitability, or asset structure.