Suzhou Yideliang Technology Co., Ltd. Announcement on the Results of Share Reduction by Shareholders Holding 5% or More of Shares

Stock Code: 603380
Stock Name: Yidelong
Announcement No.: 2026-003

Suzhou Yidelong Technology Co., Ltd. Announcement on the Results of Shareholder Holding More Than 5% of Shares Reducing Holdings

The company’s board of directors, all directors, and relevant shareholders guarantee that there are no false records, misleading statements, or major omissions in this announcement, and they bear legal responsibility for the authenticity, accuracy, and completeness of its content.

Key Highlights:

● Basic information about the major shareholder’s holdings

Before this reduction plan, Suzhou Yidelong Technology Co., Ltd. (hereinafter referred to as “the Company”)’s shareholder Mr. Wang Ming, who holds more than 5% of the shares, owned 20,507,160 shares, accounting for 12.78% of the total share capital. These shares originated from the shares held before the company’s initial public offering and are all unrestricted circulating shares.

● Implementation results of the reduction plan

On November 28, 2025, the company disclosed the “Suzhou Yidelong Technology Co., Ltd. Shareholder Holding More Than 5% of Shares Reduction Plan Announcement” (Announcement No.: 2025-052). Due to personal funding needs, Mr. Wang Ming planned to reduce his holdings through block trades from December 22, 2025, to March 20, 2026, by no more than 3,200,000 shares, which is no more than 2% of the company’s total share capital.

On March 23, 2026, the company received a “Notice of the Results of the Share Reduction Plan” from Mr. Wang Ming. As of the announcement date, the reduction period has ended, and Mr. Wang Ming has reduced 1,450,000 shares through block trades, accounting for 0.90% of the company’s total share capital. The reduction plan has been completed.

1. Basic situation of the reduction subject before reduction

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The above reduction subject has no concerted action persons.

2. Results of the reduction plan implementation

(1) Major shareholder discloses the results of the reduction plan due to the following matters:

The disclosed reduction period has ended.

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(2) Was the reduction in compliance with relevant laws, regulations, and the rules of this exchange? √ Yes □ No

(3) Is the actual reduction consistent with the previously disclosed reduction plan and commitments? √ Yes □ No

(4) Has the reduction period ended, and has the reduction been implemented? □ Not implemented √ Implemented

(5) Did the actual reduction fall below the minimum reduction quantity (ratio) in the plan? □ Not achieved √ Achieved

(6) Was the reduction plan terminated early? □ Yes √ No

(7) Are there any violations of the reduction plan or other commitments? □ Yes √ No

This announcement is hereby made.

Suzhou Yidelong Technology Co., Ltd. Board of Directors
March 24, 2026