Daimay controller unpledges significant shareholding, reducing total pledged shares

Shanghai Daimay Automotive Interior Components Co., Ltd. announced that its de facto controller, Mr. Jiang Ming, has unpledged 45,500,000 shares. This transaction, occurring on September 15, 2025, represents 34.17% of his total holdings and 2.12% of the company's total share capital. Following this release, Mr. Jiang Ming's remaining pledged shares amount to 38,000,000, which constitutes 28.53% of his personal holdings and 1.77% of the company's total share capital.

Prior to this unpledging, Mr. Jiang Ming directly held 133,176,585 shares, representing 6.20% of the company's total share capital. The number of shares released was adjusted from 35,000,000 to 45,500,000 due to a rights distribution involving bonus shares during the pledge period.

Mr. Jiang Ming and his related parties, including Mr. Jiang Yintai, Mr. Ye Chunlei, Ms. Ju Wenjing, and others, collectively hold 1,740,395,236 shares, or 81.00% of the company. After this unpledging, the cumulative pledged shares of Mr. Jiang Ming and his concerted parties stand at 38,000,000, representing 2.18% of their total holdings and 1.77% of the company's total share capital.