Fu'an Co., Ltd. announced that recently, the controlling shareholder Fu'an Holdings completed the pledge of 8.2 million shares and the cancellation of the pledge procedures for 8.47 million shares. As of the disclosure date of the announcement, Fu'an Holdings and its co-actors held 172 million shares, accounting for 53.81% of the total share capital, and pledged 130 million shares, accounting for 75.17% of its shares and 40.45% of the total share capital. The pledges were 3.2 million shares pledged to Wang Yi and 5 million shares to Chongqing Wansheng District Henghui Microfinance Co., Ltd., all of which were used to supplement working capital; the release of the pledge was completed on January 5. Pledged shares maturing within the next six months and one year have clear uses and sources of repayment funds. The pledge risk is manageable, and does not affect the company's control, etc.

Fu'an Co., Ltd. announced that recently, the controlling shareholder Fu'an Holdings completed the pledge of 8.2 million shares and the cancellation of the pledge procedures for 8.47 million shares. As of the disclosure date of the announcement, Fu'an Holdings and its co-actors held 172 million shares, accounting for 53.81% of the total share capital, and pledged 130 million shares, accounting for 75.17% of its shares and 40.45% of the total share capital. The pledges were 3.2 million shares pledged to Wang Yi and 5 million shares to Chongqing Wansheng District Henghui Microfinance Co., Ltd., all of which were used to supplement working capital; the release of the pledge was completed on January 5. Pledged shares maturing within the next six months and one year have clear uses and sources of repayment funds. The pledge risk is manageable, and does not affect the company's control, etc.