Henan Yuguang Group adjusts pledged shares

On October 22, 2025, Henan Yuguang Group, the controlling shareholder of Henan Yuguang Gold & Lead Co., Ltd., processed the release of 33m shares from a total of 91m pledged shares with Guotai Haitong Securities Co., Ltd. Concurrently, the remaining 58m pledged shares had their repurchase period extended.

Following these transactions, Henan Yuguang Group’s cumulative pledged shares now total 58m, representing 17.97% of its total holdings in the company and 5.32% of the company's total share capital. The purpose of the pledge remains for the group's own production and operational needs.

The company stated that its controlling shareholder maintains a strong credit profile and repayment capacity, with no immediate risk of forced liquidation. These actions are not expected to alter actual control, impact the company’s operations or governance, nor do they involve performance compensation obligations.