Mingxin Xuteng announced that shareholders holding 5% or more of the company's shares solemnly hold 255.67 million shares of the company, accounting for 15.76% of the company's total share capital. This time, 4 million additional shares were pledged, accounting for 15.65% of its holdings and 2.47% of the company's total share capital; the deferred repurchase of 4.8 million shares was processed, accounting for 18.77% of the shares held and 2.96% of the company's total share capital. The maturity date after the extension was no later than October 31, 2026. The pledgers were all Shenzhen Hi-Tech Investment Group Co., Ltd., and the capital was used as supplementary working capital. After this change, Solemn has pledged a total of 8.8 million shares, accounting for 34.42% of its shares and 5.43% of the company's total share capital. There is no risk of liquidation, and it will not adversely affect the company's production and operation.

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