Secote precision electronic shareholder zeng hui unpledges significant block of shares

Ms. Zeng Hui, a major shareholder of Suzhou Secote Precision Electronic Co., Ltd., has released a significant portion of her pledged shares. A total of 5,220,600 shares, representing 10.01% of her direct holdings and 1.90% of the company's total share capital, were unpledged on November 11, 2025. This action reduces her remaining pledged shares to 19,545,000, which now account for 37.47% of her direct holdings and 7.10% of the total share capital.

Before this release, Ms. Zeng Hui held 52,160,795 shares, making up 18.94% of the company's total share capital, with 24,765,600 shares previously pledged. The company has clarified that there are no immediate plans to re-pledge these released shares, and any future changes will be disclosed as per regulatory requirements.

The share data and percentage calculations provided in this announcement have been adjusted to reflect the 2024 annual equity distribution plan implemented on June 11, 2025, which involved a capital reserve conversion to increase the share capital by four shares for every ten shares held.