According to Xinbang Intelligence's announcement, Guangdong Xinbang Automation Equipment Group Co., Ltd., the controlling shareholder of the company, handled part of the share pledge business. This time, 3.6 million shares were pledged, accounting for 3.26% of the company's total share capital. Prior to this pledge, Xinbang Group pledged a total of 10.6712 million shares, and after the pledge, it pledged a total of 14.2712 million shares, accounting for 40.08% of its shares and 12.94% of the company's total share capital. This pledge is due to the controlling shareholder's own financing guarantee needs and has nothing to do with the company's production and operation. The controlling shareholders and their co-actors have the ability to repay their funds. There is no risk that the accumulated pledged shares will be forcibly liquidated, and will not lead to a change in the actual control of the company.

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