Wolong Electric Group's largest shareholder unpledges significant block of shares

Zhejiang Wolong Shunyu Investment Co. Ltd., the largest shareholder of Wolong Electric Group, has announced the partial release of pledged shares. As of September 29, 2025, Wolong Shunyu unpledged 7.8m shares, representing 1.54% of its total holdings and 0.50% of the company's total share capital. Following this transaction, Wolong Shunyu’s total pledged shares decreased to 39m, which is 7.69% of its held shares and 2.50% of the company's total capital.

Wolong Shunyu holds 507.36m shares, constituting 32.48% of Wolong Electric Group's total share capital. Including its consistent actors, Wolong Shunyu's cumulative pledged shares now stand at 39m, representing 6.43% of their collective holdings and 2.50% of the company's total share capital.