Dongbai Group announced that Feng Qi, the controlling shareholder of the company, invested in 2 installments totaling 67.1 million share pledges, accounting for 7.71% of the company's total share capital. The pledger was Societe Generale Securities, and the repurchase date was extended to 2027. The pledge was a continuation of the early pledge business and did not involve additional share pledges or additional financing arrangements. Feng Qi Investment and its co-actors, Shi Zhangfeng and Shi Xia, held a total of 478 million shares of the company, accounting for 55.00% of the total share capital; after completing this pledge, they pledged a total of 314 million shares, accounting for 65.53% of its total shareholding and 36.04% of the company's total share capital. Currently, pledge risk is manageable and will not lead to a change in the company's actual control.

Dongbai Group announced that Feng Qi, the controlling shareholder of the company, invested in 2 installments totaling 67.1 million share pledges, accounting for 7.71% of the company's total share capital. The pledger was Societe Generale Securities, and the repurchase date was extended to 2027. The pledge was a continuation of the early pledge business and did not involve additional share pledges or additional financing arrangements. Feng Qi Investment and its co-actors, Shi Zhangfeng and Shi Xia, held a total of 478 million shares of the company, accounting for 55.00% of the total share capital; after completing this pledge, they pledged a total of 314 million shares, accounting for 65.53% of its total shareholding and 36.04% of the company's total share capital. Currently, pledge risk is manageable and will not lead to a change in the company's actual control.