Daming City announced that the controlling shareholder Mingcheng Holding Group released the pledge of 120 million shares on August 31, 2026, accounting for 50.85% of its shares and 5.15% of the company's total share capital. After dissolution, the remaining pledged shares were 0, and this portion of the dissolved shares will automatically be judicially frozen. The controlling shareholder, Yu Li, pledged 120 million shares on August 28, 2026, accounting for 69.87% of its shares and 5.15% of the company's total share capital. The pledger was the Fuzhou branch of Zheshang Bank for the purpose of providing guarantees. As of the announcement date, the controlling shareholders and their co-actors have pledged a total of 219 million shares, accounting for 23.69% of their shares and 9.43% of the company's total share capital.

Daming City announced that the controlling shareholder Mingcheng Holding Group released the pledge of 120 million shares on August 31, 2026, accounting for 50.85% of its shares and 5.15% of the company's total share capital. After dissolution, the remaining pledged shares were 0, and this portion of the dissolved shares will automatically be judicially frozen. The controlling shareholder, Yu Li, pledged 120 million shares on August 28, 2026, accounting for 69.87% of its shares and 5.15% of the company's total share capital. The pledger was the Fuzhou branch of Zheshang Bank for the purpose of providing guarantees. As of the announcement date, the controlling shareholders and their co-actors have pledged a total of 219 million shares, accounting for 23.69% of their shares and 9.43% of the company's total share capital.