According to Hisco's announcement, the company's shareholder Fan Xiulian pledged 29 million shares on August 10, 2026, accounting for 13.34% of its shares and 2.59% of the company's total share capital. The pledge expires on August 9, 2029 or the day the pledger completed the cancellation of the pledge registration procedure. The pledge was Cathay Pacific Haitong Securities, and the purpose of the pledge was equity investment. As of the disclosure date of the announcement, Fan Xiulian has pledged a total of 73.59 million shares, accounting for 33.86% of its shareholding ratio and 6.57% of the company's total share capital.

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