Fangda Special Steel: The controlling shareholder pledged 140 million shares after the resolution was lifted, and then pledged an additional 90 million shares.

Fangda Special Steel announced that its controlling shareholder, Fangda Steel, holds 7.53 billion shares of the company, accounting for 32.56% of the total share capital. It has released 140 million shares from pledge, representing 18.59% of its holdings in the company and 6.05% of the total share capital; it then pledged another 90 million shares, accounting for 11.95% of its holdings in the company and 3.89% of the total share capital. In total, it has pledged 528 million shares, representing 70.08% of its holdings in the company and 22.82% of the total share capital. Its wholly-owned subsidiary Jiangxi Banspring has pledged 85.2169 million shares, accounting for 48.47% of its holdings in the company and 3.68% of the total share capital. After the release and pledge, the two companies have a total of 613 million shares pledged, accounting for 65.99% of the total holdings and 26.50% of the total share capital. The pledging risk is controllable and does not have a major impact on the company.