Yuntu Holdings: Pledging part of the equity of the controlling shareholder and early release of the pledge.

Cloud Holdings announced that its controlling shareholder, Song Rui, will pledge 17.5 million shares, accounting for 5.67% of his holding, and representing 1.45% of the total share capital of the company. The pledge will expire on April 7, 2028, and will be used to replace existing pledged financing. At the same time, Song Rui will release 28.75 million shares in advance, accounting for 9.32% of his holding, and representing 2.38% of the total share capital of the company. As of the disclosure date of the announcement, Song Rui has pledged a total of 108 million shares, which accounts for 31.29% of his ownership. Song Rui has good credit and the pledge risk is controllable. This share pledge will not lead to a change in the actual control of the company and will not have any adverse impact on the company's operations.