According to Hongrun Construction's announcement, Zhejiang Hongrun Holdings Co., Ltd., the controlling shareholder of the company, pledged 18 million shares of the company on November 3, 2026, accounting for 4.77% of its shares and 1.45% of the company's total share capital. The pledge was China Everbright Bank Co., Ltd. Ningbo Branch. The purpose of the pledge was for financing needs, and the pledge period was until the date the pledge was terminated. The number of shares pledged by Hongrun Holdings before this pledge was 183 million shares. After this pledge, a total of 201 million shares were pledged, accounting for 53.40% of its shares and 16.28% of the company's total share capital. Currently, there is no risk of liquidation of pledged shares, and it will not lead to a change in the actual control of the company.

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