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Anfu Technology announced that its holding subsidiary Anfu Energy has completed the procedure to release the pledge of 26.25% of shares of Yajin Technology to the Lujiang Branch of the Agricultural Bank of China. The released pledged shares amount to 9.84 billion shares, accounting for 51.47% of Anfu Energy's holdings in Yajin Technology and 26.25% of Yajin Technology's total share capital. Anfu Energy has already repaid a total of 960 million yuan of merger loans in advance. The release of the pledge is scheduled for May 14, 2025. After the release of the pledge, Anfu Energy will proceed with subsequent share re-pledging according to operational development needs, and the company will fulfill its disclosure obligations in a timely manner.
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