The controlling shareholder has released 15.2 million shares from pledge.

Zhou Sheng Jewelry announced that its controlling shareholder Zhou's Investment recently lifted the pledge on 15.2 million shares of the company, accounting for 2.50% of its total shares and 1.40% of the company's total share capital. The start date is January 16, 2024, and the release date is June 11, 2026, with Guotai Haitong Securities Co., Ltd. as the pledgee. As of the disclosure date of the announcement, Zhou's Investment and its concerted parties have pledged a total of 17.58 million shares, accounting for 2.53% of its total shares and 1.62% of the company's total share capital. The release of shares from the pledge will not have an impact on the company, and there is no risk of margin calls or changes in control rights.