Haina: The controlling shareholder pledged 8.1 million shares and released the pledge of 10.03 million shares.

date
16/01/2026
Singao Announcement: The controlling shareholder Chen Qingzhou and Shanghai Pudong Development Bank have completed the procedures for pledging and releasing some of the shares. Chen Qingzhou pledged 8.1 million shares, accounting for 1.14% of the shares held, and 0.45% of the total share capital of the company, with the pledge period from January 14, 2026 to January 13, 2027, for self-production and operation; released pledged 10.03 million shares, accounting for 1.41% of the shares held, and 0.55% of the total share capital of the company. As of the disclosure date of the announcement, Chen Qingzhou and his concerted action person have pledged a total of 218 million shares, accounting for 29.79% of the total number of shares held, and 11.97% of the total share capital of the company. The pledge risk is controllable.