Zhongji Innolight's controller pledges shares, subsidiary invests in venture fund

Zhongji Innolight announced that its actual controller, Wang Weixiu, pledged 1,350,000 shares, representing 1.94% of his holdings and 0.12% of the company's total share capital, to GF Securities. This transaction, initiated on September 8, 2025, and maturing on September 8, 2026, is for debt repayment. Following this, Wang Weixiu, along with Zhongji Holdings and Wang Xiaodong, collectively have 5,950,000 pledged shares, representing 2.99% of the total share capital.

Concurrently, Zhongji Innolight's wholly-owned subsidiary, Innolight Investment (Shanghai), will invest CNY 20,000,000 in the Suzhou Qianrong Yuanfeng Phase II Venture Capital Partnership. This investment will grant Innolight Investment a 4.00% stake in the fund, which focuses on high-end manufacturing and synergistic hard-core technology. The fund, with a total subscribed capital of CNY 500,000,000, aims to maximize investment returns through IPOs or M&A.