GENESIS SCALE (00439) has issued an announcement regarding the unilateral forced sale of shares held by its major shareholder, New Horizon Wireless Technology Limited (New Horizon). The company's Board of Directors recently learned from New Horizon that, following a recent court ruling, Shanghai Everbright Fuzun Jinghui may proceed with the unilateral forced sale. The ruling also grants Shanghai Everbright Fuzun Jinghui the right to sell all remaining pledged shares provided as credit enhancement. The current quantity of these pledged shares stands at approximately 60.7862 million, representing about 9.87% of the company's total issued share capital (excluding treasury shares). Should Shanghai Everbright Fuzun Jinghui proceed with the unilateral forced sale, this quantity represents the maximum number of shares that may be sold.