Baitong Energy announced that recently, the controlling shareholder Baitong Huanyu and co-actor Zhang Chunquan respectively pledged some of their shares, totaling 43.846,500 shares, accounting for 32.02% of their shares and 9.51% of the company's total share capital. The pledge was all for foreign investment. As of the disclosure date of the announcement, the controlling shareholders and their co-actors have pledged a total of 53.4465 million shares, accounting for 21.95% of their shares and 11.59% of the company's total share capital. This pledge will not have a substantial impact on the company, nor will it lead to a change in actual control, and there is no risk of closing the position.

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