According to the Sinocera Materials announcement, Zhang Xi, the company's largest shareholder and actual controller, handled additional pledge business for some of the company's shares. Zhang Xi held 152,988,941 shares, accounting for 15.34% of the company's total share capital; before this pledge, she had pledged 49,980,000 shares. After this supplementary pledge, she pledged a total of 50,662,000 shares, accounting for 33.11% of her shares and 5.08% of the company's total share capital. Zhang Xi's credit status is good. There is no risk of liquidation or forced transfer of the pledged shares. This additional pledge will not lead to a change in the company's actual control.

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