Tianyang New Materials: The controlling shareholder has pledged part of its shares, with the total pledged accounting for 10% of the total share capital.

Tianyang New Materials announced that the company's controlling shareholder, Bai Rui Xing Yang, pledged 12,980,200 shares on June 30, 2026, accounting for 18.35% of its holdings and 3.00% of the company's total share capital, to provide supplementary guarantees for the financing of the second phase of share acquisition. Bai Rui Xing Yang and its concerted party, Wei Chuang Jia Ze, collectively hold 92,370,600 shares, accounting for 21.35% of the total share capital, with a total pledge of 43,267,400 shares, representing 46.84% of their holdings and 10.00% of the total share capital. The pledge risk is manageable and will not affect the company's governance and control.