Han's Laser shareholders adjust equity pledges to repay debt

Han's Laser Technology Industry Group Co., Ltd. announced that its controlling shareholder, Han's Laser Holding Group Co., Ltd., and shareholder Gao Yunfeng, have completed partial releases and new pledges of their company shares. Han's Laser Holding released 17m shares, representing 10.51% of its holdings and 1.65% of the company's total share capital. Gao Yunfeng released 650,000 shares, accounting for 0.67% of his holdings and 0.06% of total share capital. Both releases concluded on November 20, 2025.

Concurrently, Han's Laser Holding pledged an additional 19m shares, representing 11.74% of its holdings and 1.85% of the company's total share capital. This new pledge commenced on November 21, 2025, and is set to expire on November 30, 2026, with Shanghai Pudong Development Bank as the pledgee, for the purpose of repaying debt.

As of the announcement date, Han's Laser Holding's cumulative pledged shares amount to 108.08m, representing 66.81% of its holdings and 10.50% of the company's total share capital. Gao Yunfeng's cumulative pledged shares are 90.28m, accounting for 93.73% of his holdings and 8.77% of total share capital. The company clarified that these pledge activities are for the controlling shareholder's operational needs and do not affect the company's business or governance, nor do they pose a risk of control change.