Xinhua Net: The controlling shareholder has completed the release of the pledge registration for 35,100,100 shares.

Xinhua News Network announced that the company's controlling shareholder, Xinhua Investment Holdings, will issue non-publicly offered exchangeable bonds backed by some of its directly held A-shares, which will mature on August 2, 2026, with delisting completed on August 3. On August 11, Xinhua Investment Holdings completed the deregistration of the pledge for 35,100,122 shares in the "23 Xinhua EB Dedicated Account," accounting for 7.76% of its held shares and 4.73% of the company's total share capital. After this deregistration, Xinhua Investment Holdings holds no pledged shares in the company, and there are no pledges, freezes, or auctions concerning its shares or those held by its concerted parties.