Wuhu Token Sciences shareholder adjusts equity pledges for funding needs

Wuhu Token Sciences Co., Ltd. recently announced that its shareholder, Xinjiang Runfeng Equity Investment Enterprise (Limited Partnership), has processed both a pledge and a release of pledge involving a portion of its shares in the company. On December 1, 2025, Xinjiang Runfeng pledged 19,000,000 shares, representing 11.04% of its total holdings and 0.76% of the company's total share capital. This pledge, for Xinjiang Runfeng's funding needs, is set to mature on December 1, 2026, with CITIC Securities Co., Ltd. serving as the pledgee.

Concurrently, Xinjiang Runfeng released a pledge on 21,730,000 shares, which constituted 12.62% of its holdings and 0.87% of the company's total share capital. This release took place between November 24, 2025, and December 2, 2025, also involving CITIC Securities Co., Ltd.

Following these transactions, as of the announcement date, Xinjiang Runfeng holds 172,138,600 shares, representing 6.89% of Wuhu Token Sciences' total share capital. The cumulative number of pledged shares by Xinjiang Runfeng stands at 91,020,000 shares, accounting for 52.88% of its total holdings and 3.64% of the company's total share capital. None of the currently pledged or unpledged shares are restricted or frozen.