PCI-Suntek Technology shareholder pledges additional shares

Pile Dragon Jiadu Technology, an affiliate of PCI-Suntek Technology's controlling shareholder, has pledged an additional 40,500,000 unrestricted circulating shares. These shares, representing 1.90% of the company's total share capital, were pledged to Industrial Bank Co., Ltd. Guangzhou Wuyang Sub-branch for business operational needs. This transaction increases Pile Dragon Jiadu's total pledged shares to 68,000,000, or 65.95% of its holdings.

Following this pledge, the combined pledged shares of PCI-Suntek Technology's controlling shareholder, Jindu Group Co., Ltd., and its affiliates (Pile Dragon Jiadu and Guangzhou Jindu Information Consulting Co., Ltd.) now total 108,000,000 shares. This represents 31.33% of their collective holdings of 344,771,538 unrestricted circulating shares, which constitute 16.17% of PCI-Suntek Technology's total share capital. The pledged shares are not intended for performance compensation in major asset restructurings or other guarantee purposes.