Fenda Technology's controlling shareholder adjusts share pledges

Mr. Xiao Fen, the controlling shareholder of Shenzhen Fenda Technology, has pledged 15 million shares, representing 6.93% of his total holdings and 0.84% of the company's total share capital. This pledge, for capital turnover, commenced on November 27, 2025, and is set to mature on November 26, 2026, with Nanjing Zijin Asset Management Co., Ltd. as the pledgee.

Concurrently, Mr. Xiao Fen released 11.75 million pledged shares on November 28, 2025, which constituted 5.43% of his holdings and 0.65% of the company's total share capital. The original pledge for these shares began on October 15, 2025, with Shenzhen Jiayin Pawnshop Co., Ltd.

As of the announcement date, Mr. Xiao Fen and his associates have 243,763,180 shares pledged, representing 75.26% of their total holdings and 13.58% of the company's total share capital. The associated financing amount is CNY 48.5 million, with 183,163,180 shares maturing within the next six months. The company stated these pledges are unrelated to company operations, and the controlling shareholder maintains sufficient repayment capacity.