Fenda Technology: Controlling shareholder released pledge of 46.47 million shares.

Fenda Technology announcement, Mr. Xiao Fen, the controlling shareholder of the company, has released the pledge of 46.47 million shares he holds, accounting for 16.56% of his shareholding, and 2.59% of the total share capital of the company. This release of pledge will not result in a change in the actual control of the company and will not have a substantial impact on the company's production, operation, or governance.