According to the announcement by Wuzhou Special Paper, Zhao Yunfu, the controlling shareholder and one of the actual controllers of the company, pledged 7 million shares of the company to China Galaxy Securities Co., Ltd. on October 27, 2026, accounting for 48.47% of its holdings and 1.47% of the company's total share capital. The pledge period is until October 26, 2028, and the purpose of financing is debt repayment. Before this pledge, Zhao Yunfu had no shares pledged; after the pledge, he pledged a total of 7 million shares. As of the disclosure date of the announcement, Zhao Yunfu and his co-actors held a total of 80.09% of the company's shares, accounting for 22.81% of the cumulative pledge.

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