Horizon Technology: One of the controlling shareholders and concerted parties have released a pledge of 12 million shares.

HongXun Technology announced that on March 26, 2026, the company received notification that one of the controlling shareholders' concerted actors, BangBangMang, had completed the procedure to release the pledge of 12 million shares pledged to the Industrial and Commercial Bank of China Ningbo Beilun Branch on March 25. This represents 26.6547% of their holdings, and 2.9687% of the company's total share capital. As of the disclosure date of the announcement, BangBangMang holds 11.1376% of the company's shares, with 20 million shares pledged, representing 44.4245% of their total holdings; the controlling shareholder and concerted actors have a total of 80 million shares pledged, accounting for 19.7913% of the total share capital.