Jade Bird Fire shareholder adjusts significant pledged shareholdings

Jade Bird Fire Co. Ltd. (SZSE:002960) announced that Cai Weimin, a shareholder holding over 5% of the company's shares, has adjusted his pledged holdings. On November 18, 2025, Cai pledged 9,784,000 shares, representing 6.22% of his total holdings and 1.12% of the company's total share capital. This pledge was made to Guotai Haitong Securities Co. Ltd. for personal financial needs.

Concurrently, on March 3, 2025, Cai Weimin released a pledge of 10,188,000 shares. These shares constituted 6.47% of his total holdings and 1.16% of the company's total share capital. The original pledge for these shares started on March 3, 2025, and was set to expire on November 19, 2025. The pledgee for these released shares was Shanghai Haitong Securities Asset Management Co. Ltd.

As of the announcement date, Cai Weimin holds 157,419,532 shares, accounting for 17.95% of the company's total share capital. Following these transactions, his cumulative pledged shares amount to 40,898,300 shares, representing 25.98% of his total holdings and 4.66% of the company's total share capital. All currently pledged shares are restricted or frozen.