Yin Xi Technology Director and General Manager Lin Dengcan Terminates Share Reduction Plan Early, Originally Planned to Reduce Holdings of No More Than 2.192 Million Shares

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On March 16, 2026, Guangdong Silver Jubilee Technology Co., Ltd. (hereinafter referred to as “Silver Jubilee Technology”) announced that the company’s director and general manager, Lin Dencan, decided to terminate his previously disclosed share reduction plan early due to changes in funding needs. As of the announcement date, Lin Dencan has not implemented any share reduction actions, and his shareholding quantity and proportion remain unchanged.

Review of the Original Reduction Plan

According to the “Pre-disclosure Announcement on Partial Share Reduction by Directors and Senior Management” disclosed by Silver Jubilee Technology on February 6, 2026, Lin Dencan holds 8,770,700 shares, accounting for 1.85% of the company’s total share capital. Under the original plan, Lin Dencan intended to reduce no more than 2,192,675 shares, or 0.4627% of the total share capital, through centralized bidding within three months after fifteen trading days from the date of this announcement.

Reasons for Early Termination and Compliance Explanation

The announcement states that the reason for Lin Dencan’s early termination of the reduction plan is “changes in funding needs.” Silver Jubilee Technology emphasizes that Lin Dencan’s decision does not violate the “Company Law,” “Securities Law,” “Shenzhen Stock Exchange Growth Enterprise Market Listing Rules,” or other relevant laws and regulations, nor the commitments made in the reduction plan.

Current Shareholding Status

As of the date of this announcement, Lin Dencan’s shareholding remains unchanged, detailed as follows:

Additionally, the announcement notes that Lin Dencan has not reduced his shares in the six months prior to this announcement.

Reference Documents

The document for future reference is Lin Dencan’s “Notice of Early Termination of Share Reduction Plan.”

Silver Jubilee Technology states that it will continue to monitor changes in shareholders’ holdings and fulfill information disclosure obligations in a timely manner according to relevant regulations.

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Editor: Xiao Lang Express