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On July 15 at an online investor Q&A relating to its Sci‑Tech Innovation Board (STAR Market) listing, Changxin Technology vice‑president and board secretary Yuan Yuan said the company has implemented two employee shareholding plans. The first was granted at 1.05 yuan per unit of registered capital, totaling 3,596 person‑times; the second at 0.108 yuan per unit, totaling 3,164 person‑times. The company said the plans establish a long‑term incentive and restraint mechanism to motivate R&D and core management, align employee and company long‑term interests, and are expected to have a positive effect on future financial position and operating results.

Vice‑president and board secretary Yuan Yuan told investors the company’s shareholding will be further dispersed after listing: the top five shareholders will each hold no more than 30% and no single shareholder will exceed 50%. Changxin has a modern governance structure (shareholders’ meeting, board, specialist committees, management). The 11‑member board includes four independent directors and seven non‑independent directors whose nominators are Qinghui Changxin (1 seat), Changxin Integrated (1), National IC Fund Phase II (2), Hefei Jixin (1), Anhui Provincial Investment (1) and one employee director. No single shareholder, via actual voting control, can determine the election of a majority of the board; the company expects to maintain a dispersed board nomination structure and remain without a controlling shareholder after listing.