According to the Qicai Chemical announcement, the controlling shareholders Huifeng Investment and Zang Jie recently pledged some of their shares in Hongta Securities. Huifeng Investment pledged 900,000 shares and Zang Jie pledged 1.9 million shares, totaling 2.8 million shares, accounting for 0.70% of the company's total share capital. The pledge start date is July 9, 2026, and the release dates are September 1 and September 2, respectively. As of the disclosure date of the announcement, the controlling shareholders and their co-actors have pledged a total of 64.12 million shares, accounting for 16.07% of the company's total share capital. The pledge risk is manageable and will not have a significant impact on the company.

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