Happy Home announced that Haoxing Investment, the controlling shareholder of the company, and actual controllers Li Xing and Zhu Wenzhan handled part of the share release and pledge business. Li Xing lifted the pledge of 11.1 million shares, accounting for 2.55% of the total share capital; Zhu Wenzhan released 800,000 shares, accounting for 0.18% of the total share capital. The date of release of the pledge was September 16, 2026. Haoxing Investment pledged 400,000 shares, accounting for 0.09% of the total share capital; Zhu Wenzhan pledged 2.5 million shares, accounting for 0.57% of the total share capital. The average starting date of the pledge was September 17, 2026, all for related party financing guarantees. As of the disclosure date of the announcement, the above shareholders and their concerted actors have pledged 199 million shares, accounting for 45.72% of the total share capital. The overall risk of pledge is manageable.

Happy Home announced that Haoxing Investment, the controlling shareholder of the company, and actual controllers Li Xing and Zhu Wenzhan handled part of the share release and pledge business. Li Xing lifted the pledge of 11.1 million shares, accounting for 2.55% of the total share capital; Zhu Wenzhan released 800,000 shares, accounting for 0.18% of the total share capital. The date of release of the pledge was September 16, 2026. Haoxing Investment pledged 400,000 shares, accounting for 0.09% of the total share capital; Zhu Wenzhan pledged 2.5 million shares, accounting for 0.57% of the total share capital. The average starting date of the pledge was September 17, 2026, all for related party financing guarantees. As of the disclosure date of the announcement, the above shareholders and their concerted actors have pledged 199 million shares, accounting for 45.72% of the total share capital. The overall risk of pledge is manageable.