Halo New Network: Controlling shareholder releases pledge of 113 million shares

Halo New Network Announcement: The company's controlling shareholder, Baihuida, recently released a total of 113 million shares of pledged shares, accounting for 9.31% of its holdings and 2.25% of the company's total share capital. The pledge release involved pledgees including Haitong Securities and Citic Securities, with release dates of March 19, 2025 and April 7, 2025, respectively. As of the announcement date, Baihuida and its concerted parties have a cumulative pledged quantity of 15 million shares, accounting for 3.45% of its holdings and 0.83% of the company's total share capital.