Guofang Group announced that Zhang Hui, the controlling shareholder of the company, extended the pledged repurchase transaction for the 12 million shares of the company. The original repurchase transaction date was November 4, 2026, and the expiration date after the extension was November 3, 2027. The pledge holder was Zhongyuan Securities, and the financing funds were used to supplement the working capital of Hangzhou Guofang Commercial Management Co., Ltd. This share accounts for 29.96% of Zhang Hui's shares and 1.80% of the company's total share capital. As of the disclosure date of the announcement, the controlling shareholders of the company and their co-actors held a total of 491 million shares, accounting for 73.77% of the total share capital, and pledged 135 million shares, accounting for 27.51% of their holdings and 20.30% of the company's total share capital.

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