According to Tianli Lithium Energy's announcement, Li Xuan, the company's co-actual controller, pledged 5 million shares of the company's shares, accounting for 41.67% of its shares and 4.21% of the total share capital. The use of the pledge was for personal capital requirements. The starting date of the pledge was November 2, 2026, and the expiration date was August 1, 2027. After this pledge, the three co-actual controllers pledged a total of 27.8 million shares, accounting for 60.46% of their shares and 23.41% of the total share capital. All of the 12 million shares of the company held by the actual controller Li Wen have been judicially frozen and are awaiting freezing. This is due to the execution of a contract dispute with Hangzhou City Investment Property Group by the court. After this freeze, the three co-actual controllers have frozen a total of 21.4223 million shares, accounting for 46.59% of their shares and 18.04% of their total share capital.

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