Zhejiang Sunflower controlling shareholder unpledges significant block of shares

Zhejiang Sunflower Great Health Technology Co., Ltd. announced on September 19, 2025, that its controlling shareholder, Mr. Wu Jianlong, has unpledged 30,000,000 shares of the company's stock. This represents 8.09% of his total shareholding and 2.33% of the company's total share capital. The pledge was originally initiated on December 26, 2023, with Shaoxing Bank Co., Ltd. Gaoxin Development Zone Branch as the pledgee.

Following this transaction, Mr. Wu Jianlong's total pledged shares now stand at 221,000,000, accounting for 59.63% of his total holdings and 17.17% of the company's total share capital. The company clarified that, as of the announcement date, Mr. Wu Jianlong and parties acting in concert with him have not experienced any share freezes or auctions, nor are there any risks of forced liquidation or compulsory transfer of shares.

The company further stated that this unpledging event will not adversely impact the company's production and operations or corporate governance. Zhejiang Sunflower Great Health Technology Co., Ltd. will continue to monitor the progress of share pledges and unpledges, fulfilling its information disclosure obligations promptly. Investors are advised to exercise caution and be aware of investment risks.