According to the Fudan Fuhua announcement, Shangke Technology, the non-controlling shareholder of the company, held 69.2065 million shares of the company as of the disclosure date, accounting for 10.1872% of the total share capital, of which 99.9947% had already been pledged. Recently, 69.2065 million shares held by Shangke Technology were suspended by the Jining Municipal People's Procuratorate, accounting for 100% of its shares. The start date of the freeze was December 12, 2025. The reason for the freeze was a contract fraud case. The stock freeze will not cause a change in the actual controller of the company, nor will it have a significant impact on the company's operations.

According to the Fudan Fuhua announcement, Shangke Technology, the non-controlling shareholder of the company, held 69.2065 million shares of the company as of the disclosure date, accounting for 10.1872% of the total share capital, of which 99.9947% had already been pledged. Recently, 69.2065 million shares held by Shangke Technology were suspended by the Jining Municipal People's Procuratorate, accounting for 100% of its shares. The start date of the freeze was December 12, 2025. The reason for the freeze was a contract fraud case. The stock freeze will not cause a change in the actual controller of the company, nor will it have a significant impact on the company's operations.