According to the announcement of Shenke Co., Ltd., the controlling shareholder, Huili Hongsheng pledged 23 million shares on December 11, 2025, accounting for 29.72% of its shares and 15.33% of the company's total share capital. The pledge maturity date was December 29. The pledge was Taierzhuang Branch of Zaozhuang Bank Co., Ltd., for the purpose of financing guarantees. As of the disclosure date of the announcement, Huili Hongsheng held 77.3967 million shares, accounting for 51.60%. This is the first pledge. Huili Hongsheng confirmed that there is currently no risk of liquidation of the pledged shares and has no impact on the company. If risks occur in the future, measures will be taken to deal with them.

According to the announcement of Shenke Co., Ltd., the controlling shareholder, Huili Hongsheng pledged 23 million shares on December 11, 2025, accounting for 29.72% of its shares and 15.33% of the company's total share capital. The pledge maturity date was December 29. The pledge was Taierzhuang Branch of Zaozhuang Bank Co., Ltd., for the purpose of financing guarantees. As of the disclosure date of the announcement, Huili Hongsheng held 77.3967 million shares, accounting for 51.60%. This is the first pledge. Huili Hongsheng confirmed that there is currently no risk of liquidation of the pledged shares and has no impact on the company. If risks occur in the future, measures will be taken to deal with them.