Lancy Co., Ltd.: Controlling shareholder Shen Dongri released 5.71 million shares from pledge.

Lancy Co., Ltd. announced that Shen Dongri, the company's controlling shareholder and actual controller, released a pledge on 5.71 million shares on September 11, 2026, accounting for 2.70% of his holdings and 1.29% of the company's total share capital. The pledgee was China CICC Wealth Securities Co., Ltd. As of the disclosure date of the announcement, Shen Dongri held 212 million shares, representing 47.82% of the company. His cumulative pledged shares amounted to 55.13 million, accounting for 26.06% of his holdings and 12.46% of the company's total share capital. This release of pledge will not result in a change in the company's actual control.