According to the Miao Exhibition announcement, shareholders holding 5% or more of the company's shares are happy to cancel the pledge procedure for some of the company's shares they have pledged. The number of shares released from pledge this time was 2.795,000 shares, accounting for 4.06% of their shares and 0.94% of the company's total share capital. The pledge start date is July 25, 2024, and the release date is July 24, 2026. As of the disclosure date of the announcement, Fang Huansheng had pledged a total of 8.556,800 shares, accounting for 12.43% of his shares and 2.86% of the company's total share capital. Its credit status is good, there is no risk of liquidation of the pledged shares, and there is no impact on the company.

According to the Miao Exhibition announcement, shareholders holding 5% or more of the company's shares are happy to cancel the pledge procedure for some of the company's shares they have pledged. The number of shares released from pledge this time was 2.795,000 shares, accounting for 4.06% of their shares and 0.94% of the company's total share capital. The pledge start date is July 25, 2024, and the release date is July 24, 2026. As of the disclosure date of the announcement, Fang Huansheng had pledged a total of 8.556,800 shares, accounting for 12.43% of his shares and 2.86% of the company's total share capital. Its credit status is good, there is no risk of liquidation of the pledged shares, and there is no impact on the company.