Hanyu Group’s controlling shareholder pledges more shares

Hanyu Group Joint-Stock Co., Ltd. announced that its controlling shareholder, Mr. Shi Huashan, has pledged an additional 7,000,000 shares of the company. These shares, restricted for senior management, represent 3.40% of Mr. Shi's total holdings and 1.16% of the company's total share capital. The pledge began on December 3, 2025, to Guotai Haitong Securities Co., Ltd. for equity-related investments.

Following this latest transaction, Mr. Shi Huashan's total pledged shares increased from 67,300,000 to 74,300,000. These now constitute 36.07% of his overall holdings and 12.32% of the company's total share capital. All of Mr. Shi’s pledged shares are restricted for senior management.

As of December 3, 2025, the aggregate pledged shares of Mr. Shi Huashan and his concerted parties total 74,300,000, representing 32.53% of their collective holdings and 12.32% of Hanyu Group's total share capital. The pledged shares are not encumbered by obligations related to major asset restructurings or performance compensation.