According to the Qicai Chemical announcement, Xu Huixiang, the actual controller of the company, recently completed the cancellation of part of the share pledge business. The number of unpledged shares this time was 5.07 million shares, accounting for 11.02% of its shares and 1.27% of the company's total share capital. The pledger is Zheshang Securities, and the cancellation date is September 18, 2026. As of the disclosure date of the announcement, Xu Huixiang and his co-actors held a total of 154 million shares, accounting for 38.70% of the company's total share capital. They have pledged 69.89 million shares, accounting for 45.24% of their shares and 17.51% of the company's total share capital. The pledge risk is manageable and will not have a significant impact on the company's production and operation.

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