Hoshine controlling shareholder's concert party pledges additional shares

Hoshine Silicon Industry Co., Ltd. announced that Luo Su, a concert party of its controlling shareholder, has pledged an additional 4,000,000 shares. This transaction increases Luo Su's total pledged shares to 92,920,600, representing 48.27% of their total holdings and 7.86% of the company's total share capital. The pledge began on September 22, 2025, and will last until the completion of the unpledging registration procedures.

Following this latest pledge, the aggregate pledged shares held by Hoshine Group and its concert parties (Luo Liguo, Luo Su, and Luo Yetong) now total 427,193,200 shares. This accounts for 49.15% of their combined holdings and 36.14% of Hoshine Silicon Industry's total share capital. The company reassures that the controlling shareholder and its concert parties maintain good credit standing and financial health, with future repayment sources including operating income, investment income, and company dividends.

The company stated that the pledge risk is controllable, and there are no substantial factors that could lead to a change in company control. Should any pledged shares approach a warning threshold, Hoshine Group and its concert parties will implement measures such as increasing collateral or early repayment to mitigate risks.