Haid Group's controlling shareholder extends share pledge

Guangzhou Haihao Investment Co., Ltd., the controlling shareholder of Guangdong Haid Group Co., Ltd., has extended the pledge on 13,600,000 shares. These shares, originally pledged to GF Securities Co., Ltd. with maturity dates of September 11, 2025, and September 23, 2025, respectively, were extended on September 10, 2025. This extension, driven by Haihao Investment's operational needs, covers 10,000,000 shares and 3,600,000 shares, now pledged until the deregistration date.

The 10,000,000 shares represent 1.10% of Haihao Investment's total holdings and 0.60% of the company's total share capital. The 3,600,000 shares constitute 0.40% of Haihao Investment's holdings and 0.22% of the company's total share capital. Cumulatively, the extended pledge involves 1.49% of Haihao Investment's shares and 0.82% of the company's total share capital.

As of the announcement date, Haihao Investment holds 910,589,359 shares, representing 54.73% of the company's total. Of these, 54,960,000 shares (6.04% of its holdings and 3.30% of total share capital) are currently pledged. The company stated that the pledged shares are not subject to any significant asset restructuring or performance compensation obligations.