Huapei Technology: The controlling shareholder partially released and re-pledged its shares, with a cumulative pledge ratio of 18.83%.

Huapei Technology announced that its controlling shareholder, Huajian Investment, has lifted the pledge on 16.01 million shares on November 11, 2025, accounting for 11.47% of its holdings and 4.73% of the total share capital; on the same day, pledged 8.91 million shares, accounting for 6.39% of its holdings and 2.63% of the total share capital. The financing was used to repay debt. As of the announcement date, Huajian Investment directly holds 140 million shares, accounting for 41.22% of the total share capital, with a total pledge of 50.74 million shares, accounting for 36.36% of its holdings and 14.99% of the total share capital. Huajian Investment and its concerted action parties have a total pledge of 63.74 million shares, accounting for 36.31% of their total holdings and 18.83% of the total share capital, with no risks of closure and change in control.