Caihong Display Devices' controlling shareholder unpledges significant block of shares

Xi’an Financial Holding Group, the controlling shareholder of Caihong Display Devices, announced on October 21, 2025, the unpledging of 100,000,000 unrestricted tradable shares. These shares were originally pledged to Shaanxi Financial Asset Management. Following this transaction, Xi’an Financial Holding's total pledged shares now stand at 696,717,584, representing 62.61% of its total holdings and 19.42% of the company's total share capital.

Before this unpledging, Xi’an Financial Holding held 1,112,759,643 shares, accounting for 31.01% of Caihong Display Devices' total share capital. Including shares held by its concerted parties, their combined stake is 1,221,644,097 shares, representing 34.04% of the company's total shares.

Post-unpledging, the collective pledged shares of Xi’an Financial Holding and its concerted parties amount to 783,717,584 shares, which is 64.15% of their combined holdings. Xi’an Financial Holding stated it would formulate future share pledge financing plans based on operational needs and will disclose any changes in accordance with regulations.