According to the announcement of Guangbo Co., Ltd., the shareholders holding 5% or more of the company's shares and the controlling shareholder, signed a pledge of 12 million shares, accounting for 33.75% of its shares and 2.25% of the company's total share capital. The starting date of the pledge was October 14, 2026, and the expiration date was January 27, 2031 or the date the pledge registration procedure was completed. The pledge was Ningbo Branch of Guangfa Bank Co., Ltd., and the purpose of the pledge was financing. After this pledge, the controlling shareholders and their co-actors pledged a total of 12 million shares, accounting for 7.57% of the total shareholding ratio and 2.25% of the company's total share capital. The pledge risk is manageable, and there are no pledged shares due within the next six months or one year.

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