Huazi Industry's controlling shareholder releases pledged shares

Baotou Huazi Industry announced that Hainan Shengtai Chuangfa, the company's controlling shareholder, has released 48,493,200 pledged shares. Following this release, the number of shares of the company pledged by Hainan Shengtai Chuangfa is now zero. Hainan Shengtai Chuangfa holds 144,994,030 shares in Huazi Industry, representing 29.90% of the company's total share capital. The release of these pledged shares occurred on April 10, 2025. Currently, Shengtai Chuangfa has no plans for further share pledges. The company pledges to fulfill all information disclosure requirements promptly, adhering to applicable laws and regulations.