Long-term Logistics: The controlling shareholder pledges 18.5 million shares, and the cumulative pledge ratio has increased to 60.04%.

Changjiu Logistics announced that on July 2, 2026, the controlling shareholder Changjiu Group pledged 18.5 million shares of unlimited tradable shares to China Merchants Bank, accounting for 4.98% of its holdings and 3.07% of the company's total share capital. The financing funds were used for financing. After this pledge, Changjiu Group has pledged a total of 222.9063 million shares, accounting for 60.04% of its holdings in the company and 36.94% of the total share capital. The controlling shareholder and its concerted action parties collectively hold 71.06% of the company's shares, with a cumulative pledge ratio of 51.98% after this pledge. Currently, the pledged risk is controllable, and there is no risk of liquidation.