Abiopharma

🔍 Wu Lei (Director)

Company: GigaCloud Technology Inc (GCT)

Report Date: 2026-08-10

Detailed Transactions and Holdings:

• Sold 6,000 shares of Class A Ordinary Shares, par value $0.05 per share (Direct)
  Date: 2026-08-10 | Code: G | equity_swap_involved: 0 | shares_owned_after: 154,000.00 | transaction_form_type: 4 | Footnotes: F1, F2
• Holds 0 shares of Class A Ordinary Shares, par value $0.05 per share (Direct)
  Date: 2026-08-10 | Code: H | nature_of_ownership: By Shan Lao Hu Tong LLC and Ji Xiang Hu Tong Holdings Limited | shares_owned_after: 286,058.00 | Footnotes: F2
• Holds 6,865,674 shares of Class B Ordinary Shares, par value $0.05 per share (Derivative)
  Date: 2026-08-10 | Code: H | shares_owned_after: 6,865,674.00 | Footnotes: F5, F5, F5, F2
• Holds 286,058 shares of Forward sale contract (obligation to sell) (Derivative)
  Date: 2026-08-10 | Code: H | shares_owned_after: 286,058.00 | Footnotes: F7, F7, F7, F2
• Holds 5,000 shares of Class B Ordinary Shares, par value $0.05 per share (Derivative)
  Date: 2026-08-10 | Code: H | shares_owned_after: 5,000.00 | Footnotes: F5, F5, F5, F2

Footnotes:

• F1: This transaction represents a charitable donation by the reporting person to City of Hope, a non-related, registered 501(c)(3) non-profit organization. No value was received by the reporting person for the gifted shares.
• F2: This report shall not be deemed an admission that any of the reporting persons is the beneficial owner of such securities for purposes of Section 16 of Securities Exchange Act of 1934, as amended, or for any other purpose.
• F3: Lei Wu ("Mr. Wu") is the sole member and sole manager of a limited liability company, Shan Lao Hu Tong LLC, that is the sole shareholder of Ji Xiang Hu Tong Holdings Limited. As a result of these relationships, Mr. Wu may be deemed to be an indirect beneficial owner of the securities held by Ji Xiang Hu Tong Holdings Limited.
• F4: Represents Class A ordinary shares, par value of US$0.05 per share, of the Issuer ("Class A Ordinary Shares") directly held by Ji Xiang Hu Tong Holdings Limited.
• F5: The Class B Ordinary Shares are convertible at any time at the option of the holder into an equal number of Class A Ordinary Shares at no cost.
• F6: Represents Class B ordinary shares, par value of US$0.05 per share, of the Issuer ("Class B Ordinary Shares") directly held by Ji Xiang Hu Tong Holdings Limited.
• F7: On June 2, 2026 and June 4, 2026, the Reporting Person entered into financing transactions with an unaffiliated third party buyer to receive approximately $8.7 million secured by a pledge of a total of 286,058 Class A Ordinary Shares (the "Pledged Shares"). The transactions obligate the Reporting Person to deliver to the buyer up to 286,058 Class A Ordinary Shares in the aggregate (or, at the Reporting Person's election, an equivalent amount of cash based on the market price of Class A Ordinary Shares) on different maturity dates, beginning on June 4, 2029. The number of shares of Class A Ordinary Shares to be delivered by the Reporting Person to the buyer on the maturity dates is to be generally determined as follows:
• F8: (Continued from footnote 7) (a) if the volume-weighted average closing price of the Class A Ordinary Shares on the relevant valuation date (the "Settlement Price") is less than the Cap Price but greater than the Floor Price, the Reporting Person will deliver to the buyer a number of shares of Class A Ordinary Shares equal to the Base Amount multiplied by a ratio equal to the Floor Price divided by the Settlement Price; (b) if the Settlement Price is equal or greater than the Cap Price on a maturity date, the Reporting Person will deliver to the buyer a number of shares of Class A Ordinary Shares equal to the Base Amount multiplied by a ratio equal to a fraction with a numerator equal to the sum of (A) the Floor Price and (B) the excess, if any, of the Settlement Price over the Cap Price, and a denominator equal to the Settlement Price; and
• F9: (Continued from footnote 8) (c) if the Settlement Price is equal to or less than the Floor Price on a maturity date, the Reporting Person will deliver to the buyer a number of shares of Class A Ordinary Shares equal to the Base Amount. Under the June 2, 2026 transaction, the maturity date is June 4, 2029, the Cap Price is $55.34 and the Floor Price is $36.57. Under the June 4, 2026 transaction, the maturity dates are June 4, 2029, June 5, 2029, June 6, 2029, June 7, 2029 and June 8, 2029, the Cap Price is $52.67 and the Floor Price is $34.44. The Reporting Person retains beneficial ownership of the Pledged Shares, including dividend and voting rights during the term of the pledge.