Wanbangda: Controlling shareholder Wang Piaoyang has lifted the pledge on 82,870,000 shares of the company.

Wanbangda announced that the controlling shareholder Wang Piaoyang has released 50,620,000 shares and 32,250,000 shares of the company's shares from pledge, with the pledge start date being January 5, 2023, and the release date being December 25, 2025. The pledgees are Guotai Haitong Securities Co., Ltd. and CITIC Construction Investment Securities Co., Ltd. As of the disclosure date of the announcement, Wang Piaoyang holds 275,194,128 shares, accounting for 32.89%; the total pledged shares are 27,300,000, accounting for 9.92% of his holdings, and 3.26% of the company's total share capital; the pledged shares that are restricted from sale, frozen, or marked are 27,300,000 shares, accounting for 100% of the pledged shares; the unpledged shares that are restricted from sale, frozen, or marked are 176,395,662 shares, accounting for 71.16% of the unpledged shares.