Jingda Co. controller-linked shares unfrozen, key entities now hold no frozen stock

Tongling Jingda Special Magnet Wire Co., Ltd. announced that 9,516,329 shares held by Tehua Investment Holding Co., Ltd. (Tehua Investment), a party acting in concert with the company's de facto controller, have been unfrozen. This represents 12.60% of Tehua Investment's total holdings and 0.44% of the company's total share capital. The unfreezing occurred on December 2, 2025.

Following this unfreezing, Tehua Investment now holds 75,508,383 unrestricted tradable shares, accounting for 3.51% of the company's total share capital. Crucially, with this development, Tehua Investment, Mr. Li Guangrong (the de facto controller), and Guangzhou Tehua Investment Management Co., Ltd. (Guangzhou Tehua) no longer have any frozen shares.

The company emphasizes it will closely monitor future developments regarding the shares held by these shareholders and will fulfill its information disclosure obligations. Investors are advised to exercise caution and be aware of investment risks.