Zhongke Magnet Industry: The controlling shareholder has 2.4 million shares of stock released from pledge.

Zhong Ke Magnetic Industry announced that the company's controlling shareholder and actual controller, Wu Zhongping, will release part of the company's shares that he holds from pledge. The number of released pledged shares is 2.4 million shares, accounting for 5.81% of his total holdings, and 1.93% of the company's total share capital. The release date is July 21, 2026, and the creditor is Bohai International Trust Co., Ltd. As of the disclosure date of the announcement, Wu Zhongping and his concerted actors have pledged shares totaling 1.93% of the company's total share capital. Their credit is good, and the pledged shares have no risk of margin call or forced transfer, which has no substantial impact on the company.