On October 27, 2026, Wenjun Ni settled a tranche under an equity collar transaction with UBS via Sun Xu Limited (a company under a trust of which his spouse is a beneficiary), resulting in a reduction in the long position and a covering of the short position in SUNNY OPTICAL. The event was effected through an off-exchange derivative contract (equity collar) and was not a direct secondary-market dealing in the underlying shares.
Prior to the disposal, Wenjun Ni’s long position in SUNNY OPTICAL was 370.27 million shares, representing 33.82%; following the disposal, the holding changed to 365.32 million shares, with the long position ratio falling to 33.37%. Separately, the short position was reduced (covering) from 24.76 million shares (2.26%) to 19.81 million shares (1.81%).
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