Chengxin Aluminum Co., Ltd.: Part of the shares held by the controlling shareholder have been judicially frozen, with a cumulative freeze proportion of nearly 40%.

Chang Aluminum announced on May 26, 2026 that its controlling shareholder, Qilu Caijin, had 6.5 million shares of the company frozen by the People's Court of Laiwu District, Jinan City, accounting for 2.1049% of its holdings and 0.6294% of the total share capital of the company. The freeze was due to a lawsuit related to Qilu Caijin providing joint guarantee for loans taken by its subsidiary companies. As of the announcement date, Qilu Caijin's total frozen shares amounted to 123 million, accounting for 39.8908% of its holdings and 11.9273% of the company's total share capital. This matter has not had a direct impact on the company's daily operations, nor on its controlling shareholder status. However, there is a risk of judicial disposal of shares.