Neway Co., Ltd. announced that Lu Bin, the controlling shareholder and actual controller of the company, pledged 1.2 million shares of the company to the Suzhou branch of China CITIC Bank Co., Ltd. to provide pledge guarantees for the financing of the company it controls. The pledge registration procedure has been completed. The starting date of the pledge is October 22, 2026, and the expiration date is October 19, 2027. After this pledge, the controlling shareholders and their co-actors pledged a total of 13.43 million shares, accounting for 2.85% of their total holdings and 1.72% of the company's total share capital. Currently, the risk of pledging is manageable, and there is no risk of liquidation.

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