Caihong Display Devices: Major shareholder unpledges significant block of shares

Caihong Display Devices Co., Ltd. announced its major shareholder, Xianyang Urban Construction Investment Holding Group Co., Ltd. (Xianyang Chengtou), has unpledged 41 million unrestricted circulating shares. These shares were originally pledged to Chongqing International Trust Co., Ltd. The unpledging process was completed on September 22, 2025. This transaction represents 13.04% of Xianyang Chengtou's total holdings and 1.14% of Caihong Display Devices' total share capital.

Following this release, Xianyang Chengtou's cumulative pledged shares now stand at 116 million shares, representing 36.90% of its total holdings and 3.23% of the company's total share capital. Xianyang Chengtou currently holds 314,336,098 shares, equating to 8.76% of Caihong Display Devices' total outstanding shares.

Xianyang Chengtou intends to formulate future equity pledge financing plans based on operational needs. Any subsequent changes will be promptly disclosed in accordance with relevant regulations, and the company will fulfill its information disclosure obligations.