According to China Catalyst's announcement, Liu Yan, a shareholder holding 5.92% of the company's shares, pledged his 13.4951 million shares to National Trust Co., Ltd. on September 14, 2026 for the purpose of financing. The pledge period is until the pledge is lifted by the pledger. After this pledge, Liu Yan pledged a total of 13.4951 million shares, accounting for 100.00% of the total number of shares held and 5.92% of the company's total share capital. The pledged shares were not used as a guarantee for matters such as performance compensation for major asset restructuring, and there is no potential performance compensation obligation.

According to China Catalyst's announcement, Liu Yan, a shareholder holding 5.92% of the company's shares, pledged his 13.4951 million shares to National Trust Co., Ltd. on September 14, 2026 for the purpose of financing. The pledge period is until the pledge is lifted by the pledger. After this pledge, Liu Yan pledged a total of 13.4951 million shares, accounting for 100.00% of the total number of shares held and 5.92% of the company's total share capital. The pledged shares were not used as a guarantee for matters such as performance compensation for major asset restructuring, and there is no potential performance compensation obligation.