ST Spring: Controlling shareholder Tibet Rong'en has pledged a total of 19.43% of the total share capital.

ST announced that its controlling shareholder, Tibet Rong'en, released 5.06 million shares from pledge on March 17, 2026, accounting for 0.86% of the total share capital of the company. On March 18, 2026, 5.5 million of these shares were pledged again to Qinghai Bank Co., Ltd., with the pledge term until March 17, 2027, for the purpose of providing collateral. Tibet Rong'en has pledged a total of 114 million shares, accounting for 60.47% of its shareholding and 19.43% of the total share capital of the company. Tibet Rong'en and the concerted action person, Xiao Rong, collectively hold 245 million shares, accounting for 41.80%, and have pledged a total of 144 million shares, accounting for 58.77% of their shareholding and 24.56% of the total share capital of the company.