Tianshun Co., Ltd. announced that recently, the company's shareholder Zhoushan Tianshun Equity Investment Co., Ltd. released its pledge on 3.5 million shares, accounting for 5.31% of its shares and 2.30% of the company's total share capital. As of the disclosure date of the announcement, the shareholder and its co-actors have pledged a total of 15 million shares, accounting for 19.95% of its shares and 9.85% of the company's total share capital. This solution will not have a substantial impact on the company's production, operation, governance, etc., nor will it lead to a change in the company's actual control.

Tianshun Co., Ltd. announced that recently, the company's shareholder Zhoushan Tianshun Equity Investment Co., Ltd. released its pledge on 3.5 million shares, accounting for 5.31% of its shares and 2.30% of the company's total share capital. As of the disclosure date of the announcement, the shareholder and its co-actors have pledged a total of 15 million shares, accounting for 19.95% of its shares and 9.85% of the company's total share capital. This solution will not have a substantial impact on the company's production, operation, governance, etc., nor will it lead to a change in the company's actual control.