Wanli Stone: The controlling shareholder partially released the pledged shares, with the cumulative pledge ratio at 56.45%.

Wanli Stone announced that recently, the controlling shareholder and actual controller Hu Jingpei has partially released the pledged shares. On January 14 and 15, 2026, 200,000 shares and 100,000 shares were released, respectively, accounting for 0.71% and 0.36% of the shares held by them, and 0.09% and 0.04% of the total share capital of the company. The pledgee is Chen Wen. As of the disclosure date of the announcement, Hu Jingpei and its concerted action person Hafu Mining hold a total of 53,849,600 shares, accounting for 23.76% of the total share capital, with a cumulative pledge of 30.4 million shares, accounting for 56.45% of their shareholding and 13.41% of the company's total share capital, with no risk of closing out.