According to Sunshine Power's announcement, Cao Renxian, the controlling shareholder and actual controller of the company, handled the cancellation of part of the pledge business. This time, 3.676.09 million shares were released from the pledge, accounting for 0.18% of its shareholding ratio and 0.00% of the company's total share capital. After this dissolution, Cho In-hyeon held 631.4412 million shares, with a shareholding ratio of 30.46%; the remaining pledged shares accounted for 2.98% of its shareholding ratio and 0.91% of the company's total share capital. There is no risk of liquidation or forced transfer of its pledged shares, and this change will not lead to a change in the actual control of the company.

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