Zhang Xiaoquan announced that Shanghai Tuyue Chengxiang Brand Management Partnership, which holds more than 5% of the company's shares, pledged 7.3 million shares of the company's shares on September 9, 2026, accounting for 24.13% of its shares and 4.68% of the company's total share capital. The pledge was Shenzhen Hi-Tech Investment Group Co., Ltd., and the purpose of the pledge was to supplement working capital. As of the disclosure date of the announcement, Tuyue Chengxiang and his co-actor Rong Quan Investment held a total of 454.18,700 shares, accounting for 29.11% of the company's total share capital; they pledged 14.8 million shares, accounting for 32.59% of their shares and 9.49% of the company's total share capital.

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