Anhui Kouzi Distillery shareholder pledges additional shares

Huang Shaogang, a shareholder of Anhui Kouzi Distillery, has pledged an additional 5,000,100 unrestricted tradable shares, representing 0.84% of the company's total share capital. This transaction, executed on September 1, 2025, with Guotai Haitong Securities, is part of a stock pledge repurchase agreement with a buy-back date of September 1, 2026. Following this pledge, Huang Shaogang's cumulative pledged shares now total 10,000,200, accounting for 80.57% of his individual holdings.

Huang Shaogang and his concerted parties collectively hold 242,063,712 shares, representing 40.47% of Anhui Kouzi Distillery's total share capital. After this latest transaction, their combined cumulative pledged shares amount to 36,361,700, representing 15.02% of their total holdings and 6.08% of the company's total share capital. The company states this pledge is for personal reasons and does not pose a substantial repayment risk, given Huang Shaogang's sound financial standing.

The company further clarifies that this pledge will not transfer voting rights, nor will it affect the control of the actual controllers and their concerted parties. It is also not expected to impact the company's production and operations or corporate governance.