*ST Spring announced that the company's holding stock, Dongxizang Rongen, held 189 million shares of the company, accounting for 32.13% of the total share capital. On July 24, 2026, Tibet Rongen pledged 21.56 million shares and 29 million shares to Qinghai Bank to supplement working capital; on July 28, 21.56 million shares were released, and this portion was already used for subsequent pledges. As of the announcement disclosure date, Tibet Rongen has pledged 143 million shares, accounting for 75.85% of its total shareholding and 24.37% of the company's total share capital. Tibet Rongen and his co-actor Xiao Rong have pledged a total of 173 million shares, accounting for 70.58% of their total shareholding and 29.50% of the company's total share capital.

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