Kouzijiao announced that on September 9, 2026, Liu Ansheng, the company's shareholder, pledged 8 million unrestricted tradable shares to Cathay Pacific Haitong Securities Co., Ltd. to process a stock pledge repurchase transaction. The initial transaction date was September 9, 2026, and the repurchase transaction date was September 9, 2027. The purpose of financing was to repay debts, and the relevant formalities have already been completed. The shares pledged this time accounted for 1.34% of the company's total share capital and 3.30% of Liu An Province's shareholding ratio. After this pledge, Liu An Province pledged a total of 42.714,200 shares, accounting for 79.88% of its holdings; Liu An Province and its co-actors pledged a total of 57.1197 million shares, accounting for 23.60% of its holdings and 9.55% of the company's total share capital.

Kouzijiao announced that on September 9, 2026, Liu Ansheng, the company's shareholder, pledged 8 million unrestricted tradable shares to Cathay Pacific Haitong Securities Co., Ltd. to process a stock pledge repurchase transaction. The initial transaction date was September 9, 2026, and the repurchase transaction date was September 9, 2027. The purpose of financing was to repay debts, and the relevant formalities have already been completed. The shares pledged this time accounted for 1.34% of the company's total share capital and 3.30% of Liu An Province's shareholding ratio. After this pledge, Liu An Province pledged a total of 42.714,200 shares, accounting for 79.88% of its holdings; Liu An Province and its co-actors pledged a total of 57.1197 million shares, accounting for 23.60% of its holdings and 9.55% of the company's total share capital.