Gold Card Intelligent Holdings has released part of the pledged shares held by its major shareholder, accounting for 5.87% of the total share capital.

Announcement from Gold Card Intelligent Group Limited: Recently, the controlling shareholder Zhejiang Gold Card High-Tech Engineering Co., Ltd. has partially released the pledge of some shares. In this release, a total of 24,536,000 shares were released, accounting for 26.55% of its holdings and 5.87% of the total share capital of the company. The pledgee is China Merchants Securities. As of the disclosure date of the announcement, Gold Card Engineering and its acting in concert parties have pledged a total of 19,314,000 shares, accounting for 12.45% of their shareholding. There is no situation of infringement of the interests of the listed company by Gold Card Engineering, and the pledge of shares has no impact on the company. Their shares are not subject to freeze, auction, margin call, or forced transfer risks.