Daisho Microline: Spring Global Exits with 280.00 Million-Share Sale; Jsmart Becomes 17.36% Shareholder

Bulletin Express04-07

Daisho Microline Holdings Limited has recorded a swift change in its shareholder structure following a 2 April 2026 sale-and-purchase agreement between two key investors.

Transaction Snapshot • Vendor: Spring Global Enterprises Limited, previously a substantial shareholder. • Purchaser: Jsmart Technologies Limited, wholly owned by Dr. Sun Jing’an and Ms. Ma Ying. • Asset transferred: 280.00 million Daisho Microline shares, equal to 17.36% of the company’s issued share capital. • Completion: Immediate upon signing of the agreement.

Post-Deal Ownership Shifts 1. Spring Global has disposed of its entire stake and no longer holds any Daisho Microline shares. 2. Jsmart now owns 280.00 million shares, securing its status as a substantial shareholder with 17.36% of issued equity. 3. Mr. Ng Man Chan, ultimate owner of Spring Global, retains: • 120.07 million shares (7.44%) in his own name; • 25.96 million shares (1.61%) jointly with spouse Ms. Li Mi Lai.

Strategic Context • Jsmart’s principals, Dr. Sun and Ms. Ma, are linked to Beijing Jsmart Embodied Intelligent System Co., Ltd. • Daisho Microline, via subsidiary Jsmart Yining (Shenzhen) Embodied Intelligence Co., Ltd., maintains a 60% stake in collaborations targeting AI-driven medical, rehabilitation and elderly-care robotics—suggesting strategic alignment between the new shareholder and the Group’s growth focus.

Management Outlook The board stated that the transaction is not expected to exert any material adverse impact on the Group’s operations.

Investor Notice Shareholders and prospective investors are urged to exercise caution when dealing in Daisho Microline securities.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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