Lianchuang Optoelectronic's controlling shareholder unpledges some shares

Jiangxi Lianchuang Optoelectronic Science & Technology Co., Ltd. (Lianchuang Optoelectronic) announced that its controlling shareholder, Jiangxi Provincial Electronic Group Co., Ltd. (Electronic Group), has released a pledge on 2.5m shares. This transaction, executed on November 17, 2025, represents 2.64% of Electronic Group's total holdings and 0.55% of Lianchuang Optoelectronic's total share capital.

Following this release, Electronic Group's total pledged shares now stand at 73,232,839, accounting for 77.30% of its total holdings and 16.24% of Lianchuang Optoelectronic's total share capital. The Electronic Group holds a total of 94,736,092 shares, representing 21.01% of the company's total share capital.

Electronic Group confirmed a future financing plan involving re-pledging the unpledged shares. The company stated that the remaining pledged shares do not pose a liquidation risk and will not alter the company's effective control, with pledge risks deemed manageable.