Hesheng Silicon Industry: Partial shares of the controlling shareholder were pledged and released, with a total pledge ratio of nearly 50%.

Hesheng Silicon Industry announced that its controlling shareholder, Hesheng Group, recently arranged for some of its shares to be pledged and released. 2.9 million shares were pledged to China Everbright Bank Ningbo Branch for the purpose of supplementing working capital, and 2.9 million shares were released. As of the date of the announcement, Hesheng Group directly holds 487 million shares, accounting for 41.16% of the total share capital, with a cumulative pledge of 243 million shares, accounting for 49.94% of its holdings and 20.56% of the total share capital. Hesheng Group and its concerted action parties Luo Liguo, Luo Yi, and Luo Yedong collectively hold 869 million shares, accounting for 73.52% of the total share capital, with a cumulative pledge of 434 million shares, accounting for 49.92% of the total holdings and 36.70% of the total share capital, with controllable pledge risks.