Funeng Technology: Shanghang Xingyuan's shareholding reduction plan has not been carried out, and the shareholding ratio remains at 1.6816%

Fano Technology announced that Shanghang Xingyuan Equity Investment Partnership (Limited Partnership) previously held 20,551,000 shares, accounting for 1.6816%. The reduction plan disclosed on November 28, 2025, is scheduled to occur from December 3, 2025, to March 2, 2026, with a maximum reduction of 20,551,000 shares, representing 1.6816%. As of the deadline, Shanghang Xingyuan has reduced a total of 0 shares through centralized bidding and block trades, accounting for 0.0000%, with a total reduction amount of 0.00 yuan. They still hold 20,551,000 shares, representing 1.6816%.

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