According to the Qianjiang Biochemical announcement, 3,513,200 shares of Yunnan Water, a shareholder holding 5% or more of the company's shares, are awaiting freezing, accounting for 2.12% of its shares and 0.41% of the company's total share capital. The freeze began on September 18, 2026. The reason for the freeze was a construction contract dispute. As of the announcement disclosure date, Yunnan Water held 165 million shares of the company, accounting for 19.08% of the total share capital; a total of 59.2554 million frozen shares, accounting for 35.84% of its shares and 6.84% of the total share capital; pledged 106 million shares, accounting for 64.16% of its shares, accounting for 12.24% of its total share capital; and a total of 598.47 million shares pending freezing, accounting for 36.19% of its shares and 6.91% of the total share capital. Yunnan Water is not the controlling shareholder or actual controller of the company. This incident will not lead to a change in the company's control or affect the company's daily operations.

According to the Qianjiang Biochemical announcement, 3,513,200 shares of Yunnan Water, a shareholder holding 5% or more of the company's shares, are awaiting freezing, accounting for 2.12% of its shares and 0.41% of the company's total share capital. The freeze began on September 18, 2026. The reason for the freeze was a construction contract dispute. As of the announcement disclosure date, Yunnan Water held 165 million shares of the company, accounting for 19.08% of the total share capital; a total of 59.2554 million frozen shares, accounting for 35.84% of its shares and 6.84% of the total share capital; pledged 106 million shares, accounting for 64.16% of its shares, accounting for 12.24% of its total share capital; and a total of 598.47 million shares pending freezing, accounting for 36.19% of its shares and 6.91% of the total share capital. Yunnan Water is not the controlling shareholder or actual controller of the company. This incident will not lead to a change in the company's control or affect the company's daily operations.