Huayou Cobalt: Controlling shareholder pledges 19.999 million shares, the total pledge accounts for 10.85% of the total share capital.

Hua You Cobalt Industry announced that the controlling shareholder, Hua You Holdings, recently handled some share pledging transactions, pledging 19.99 million shares, accounting for 6.48% of its holdings and 1.06% of the company's total share capital. As of the date of the announcement, Hua You Holdings held 309 million shares of the company, accounting for 16.30% of the total share capital, with a total pledge of 164 million shares, accounting for 53.09% of its total holdings and 8.65% of the total share capital; Hua You Holdings and its concerted action person Chen Xuehua collectively hold 391 million shares, accounting for 20.66% of the total share capital, with a total pledge of 205 million shares, accounting for 52.50% of their total holdings and 10.85% of the total share capital. The risk of this pledge is controllable and does not affect control rights and operations.