Xianhe controlling shareholder unpledges significant block of shares

Xianhe Co. announced today that its controlling shareholder, Zhejiang Xianhe Holdings Group Co., Ltd., has completed the unpledging of 42,000,000 unrestricted tradable shares. This transaction, executed with Tibet Trust Co., Ltd., was finalized on November 12, 2025. The company received notification on November 13, 2025.

Prior to this release, Xianhe Holdings held 553,589,408 shares, representing 78.22% of the company's total share capital. The 42,000,000 shares unpledged account for 7.59% of Xianhe Holdings' total stake and 5.93% of the company's total share capital.

Following this unpledging, Xianhe Holdings' remaining pledged shares now stand at 35,000,000. This represents 6.32% of Xianhe Holdings' total shares and 4.95% of the company's total share capital. The company confirms it will adhere to relevant laws and regulations for any subsequent disclosure obligations.