According to the Boqian New Materials announcement, Guang Hongyuan, the controlling shareholder of the company, pledged 5.2 million unrestricted tradable shares to the Ningbo branch of China CITIC Bank. The pledge registration has been completed. The starting date of the pledge is September 21, 2026, for the purpose of pledge guarantee. Guang Hongyuan held 51.5538 million shares of the company, accounting for 19.71% of the company's total share capital; after this pledge, it pledged a total of 15.2 million shares, accounting for 29.48% of its holdings and 5.81% of the company's total share capital. There is no pledge at Ningbo Shenyang Venture Capital Partnership, which acted in concert with Guang Hongyuan. This pledge will not affect the company's production, operation and governance, and will not lead to a change in actual control.

According to the Boqian New Materials announcement, Guang Hongyuan, the controlling shareholder of the company, pledged 5.2 million unrestricted tradable shares to the Ningbo branch of China CITIC Bank. The pledge registration has been completed. The starting date of the pledge is September 21, 2026, for the purpose of pledge guarantee. Guang Hongyuan held 51.5538 million shares of the company, accounting for 19.71% of the company's total share capital; after this pledge, it pledged a total of 15.2 million shares, accounting for 29.48% of its holdings and 5.81% of the company's total share capital. There is no pledge at Ningbo Shenyang Venture Capital Partnership, which acted in concert with Guang Hongyuan. This pledge will not affect the company's production, operation and governance, and will not lead to a change in actual control.