OLO Home(SH:603326) Shang Hai Zheng Quan Bao·2025-06-12 18:19Summary of Key Points Core Viewpoint - The announcement details the completion of the repurchase and cancellation of restricted stocks, resulting in a change in the total share capital and an increase in the controlling shareholder's ownership percentage without altering the control structure of the company [2][3]. Group 1: Share Capital Changes - The company confirmed that 3,661,750 shares of restricted stock from the 2023 equity incentive plan were canceled on June 11, 2025, leading to a reduction in total share capital from 322,838,680 shares to 319,176,930 shares [2][3]. Group 2: Controlling Shareholder's Ownership - Following the cancellation, the controlling shareholder, NINA YANTI MIAO, maintained the same number of shares, resulting in an increase in her ownership percentage from 62.6688% to 63.3877%, which is a passive increase that touches the 1% threshold [2][3]. Group 3: Additional Notes - The change in ownership percentage is due to the reduction in total share capital and does not trigger a mandatory tender offer [3]. - The change will not affect the company's governance structure or ongoing operations significantly [3]. - The rights change does not require the disclosure of an equity change report as per relevant regulations [3].