Han's Laser controlling shareholder adjusts share pledge arrangements

Han's Laser Technology Industry Group announced that its controlling shareholder, Han's Holding Group, has adjusted its share pledge arrangements. A total of 12.55m shares, representing 7.76% of Han's Holding's stake and 1.22% of Han's Laser's total share capital, were released from pledge on November 5, 2025. Concurrently, 7.80m shares, accounting for 4.82% of Han's Holding's ownership and 0.76% of Han's Laser's total share capital, were newly pledged on November 6, 2025, until November 30, 2026. Both the released and newly pledged shares involve Industrial Bank's Shenzhen Branch as the pledgee, with the new pledge for production and operation purposes.

Following these transactions, Han's Holding Group's pledged shares total 106.50m shares, representing 65.83% of its holding and 10.34% of Han's Laser's total share capital. The total pledged shares for both Han's Holding and its consistent acting party, Gao Yunfeng, amount to 197.43m shares, or 76.50% of their combined holdings and 19.18% of Han's Laser's total share capital.

The company stated that the new pledge is to finance Han's Holding's production and operations and will not impact Han's Laser's operations or corporate governance. Han's Holding Group's future pledges include 48.43m shares maturing within six months, with a financing balance of 1,178,230,000 yuan. Within one year, 88.65m shares will mature, with a financing balance of 2,053,830,000 yuan. The funds for repayment will primarily come from project sales, property rental income, and additional financing.