Shanshan Co., Ltd. announced that it was recently learned that the Ningbo Intermediate People's Court of Zhejiang Province lifted the pending freeze on 40 million shares of the controlling shareholder Shanshan Group on December 10, 2025, accounting for 12.49% of its shares and 1.78% of the company's total share capital. The lifting of the waiting freeze was due to the manager applying to the relevant court to lift the property preservation measures. Currently, Shanshan Group and Tomoze Trading together hold 23.36% of the company's total share capital. A total of 525,561,392 shares have been judicially frozen and flagged, and a total of 497,974,072 shares are awaiting freezing.

Shanshan Co., Ltd. announced that it was recently learned that the Ningbo Intermediate People's Court of Zhejiang Province lifted the pending freeze on 40 million shares of the controlling shareholder Shanshan Group on December 10, 2025, accounting for 12.49% of its shares and 1.78% of the company's total share capital. The lifting of the waiting freeze was due to the manager applying to the relevant court to lift the property preservation measures. Currently, Shanshan Group and Tomoze Trading together hold 23.36% of the company's total share capital. A total of 525,561,392 shares have been judicially frozen and flagged, and a total of 497,974,072 shares are awaiting freezing.