Changshan Pharmaceutical announced that the company recently received a notice from the controlling shareholder Gao Shuhua to release the pledge of some of the company's shares. The number of shares released from pledge this time is 7 million shares, accounting for 0.76% of the company's total share capital and 2.49% of the shares held by it. The pledge holder is a pawnbroker company, and the release date is November 10, 2026. As of the disclosure date of the announcement, Gao Shuhua held 281 million shares, accounting for 30.54% of the company's total share capital; he pledged 166 million shares, accounting for 59.30% of his shares and 18.11% of the company's total share capital. Currently, Gao Shuhua's pledge risk is generally manageable, and there is no risk of closing the pledged shares.

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