According to Hongrun Construction's announcement, Zheng Hongfang, a shareholder holding more than 5% of the company's shares, completed the cancellation of part of the share pledge business. This time, the pledge of 9 million shares was lifted, accounting for 6.57% of the shares held, accounting for 0.73% of the company's total share capital. The pledgeholder is Bank of Wenzhou Co., Ltd. Ningbo Branch. After the pledge was lifted, the number of shares pledged by Zheng Hongfang in the company was 0 shares. As of the disclosure date of the announcement, Zheng Hongfang and his co-actors pledged a total of 183 million shares, accounting for 35.18% of their shares and 14.82% of the company's total share capital.

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