According to the announcement of Tailong Co., Ltd., the company recently received a notice from Su Fang, a shareholder holding more than 5% of the shares, to carry out partial share pledge repurchase business. The total number of shares pledged during the rollover period was 6.464 million shares, accounting for 53.55% of its shares and 2.68% of the company's total share capital. After the extension, the pledge expires on September 4, 2026. The purpose of the pledge is to replace financing funds and supplementary pledges. There is no new financing involved this time. Su Fang has good credit, repayment ability, manageable pledge risk, and no risk of closing the position yet.

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