Feima International: The controlling shareholder partially released the pledged shares, with the total pledged ratio still exceeding 90%.

On August 22, 2025, Feima International Supply Chain Co., Ltd. in Shenzhen announced that its controlling shareholder, Ding Investment Development Co., Ltd., had partially released the pledged shares. The total number of shares released this time is 70 million, accounting for 8.80% of its holdings, and 2.63% of the company's total share capital. As of the announcement date, Ding Investment Development Co., Ltd. holds 795,672,857 shares, with a total of 725,672,857 shares pledged, accounting for 91.20% of its holdings. The company pointed out that the number of pledged shares by Ding Investment Development Co., Ltd. exceeds 80% of its holding, but its credit is good and the pledge risk is controllable, which will not affect the company's actual control rights or production operations.