East Era: Shareholder Fuchuang Information pledged 59.0936 million shares, accounting for 7% of the total share capital.

Dongwang Times announced that the company's shareholder, Fuchuang Information, holds 59,093,631 shares of unrestricted tradable shares of the company, accounting for 7.00% of the total share capital. On May 26, Fuchuang Information pledged the above-mentioned shares to China Minsheng Bank Co., Ltd. Jinhua Branch, accounting for 100.00% of its holdings in the company, and accounting for 7.00% of the total share capital of the company. The pledged financing funds are used for production and operation. The pledged shares in this transaction are not used to guarantee major asset restructuring performance compensation and other matters. This matter will not have any impact on the company's daily business operation.