Fushen Holdings: Controlling shareholder Fushen Assets pledges 1.27% of the company's shares.

Fushi Holdings announcement, the controlling shareholder Fushi Assets pledges 12.2 million shares of the company, accounting for 16.11% of the shares held, and 1.27% of the total share capital. The pledge start date is December 16, 2025, and the purpose of the pledge is for its own funding needs.