Fumiao Technology Chairman and General Manager Qian Xin Increases Stake in Company by 2%

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Fumiao Technology announced that Chairman and General Manager Qian Xin increased his stake in the company by 2.8648 million shares, representing 2% of total share capital, through the Shanghai Stock Exchange block trading system on July 21. Qian Xin and the company's controlling shareholder, Yongzhuo Holdings, are parties acting in concert. Following this increase, the combined shareholding of Yongzhuo Holdings and its concert party Qian Xin will rise from 27.56% to 29.56%.

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