Leon Wei announced that some of the shares pledged by Wang Minwen, the controlling shareholder of the company, to Tibet Trust Co., Ltd. have gone through the pledge procedure. 24 million shares have now been released, accounting for 20.37% of its shares and 3.11% of the company's total share capital. The pledge period is November 10, 2026. After this dissolution, Wang Minwen pledged a total of 25 million shares, accounting for 21.22% of the company's shares and 3.24% of the total number of shares in the company. As of the disclosure date of the announcement, there are no subsequent pledge plans for the shares that have been released from the pledge.

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