Haid group controlling shareholder extends share pledge

Guangzhou Haihao Investment Co. Ltd., the controlling shareholder of Guangdong Haid Group Co. Ltd., has extended the pledge of 11,850,000 shares. These shares, previously pledged to China Merchants Securities Co. Ltd. on October 24, 2023, were originally set to mature on October 24, 2025. The extension was processed on October 24, 2025.

The 11,850,000 shares represent 1.30% of Haihao Investment's total shareholding and 0.71% of Guangdong Haid Group's total share capital. As of the announcement date, Haihao Investment holds 910,589,359 shares, with a cumulative pledge of 54,960,000 shares, accounting for 6.04% of its total holdings and 3.30% of the company's total share capital.

The pledged shares are not subject to any major asset reorganization or performance compensation obligations. The extension ensures continued financial flexibility for Haihao Investment's ongoing business operations.