Guangzhou Tinci Materials' controlling shareholder pledges not to reduce holdings for six months

Guangzhou Tinci Materials Technology Co., Ltd. announced on December 8, 2025, that its controlling shareholder, Xu Jinfu, submitted an undertaking not to reduce his shareholding in the company for the next six months. This commitment, dated December 7, 2025, reflects confidence in the company's future development prospects and recognition of its long-term investment value.

As of the announcement, Xu Jinfu holds 698,668,092 shares, representing a 34.35% stake in the company. The undertaking explicitly states that if the number of shares increases due to stock dividends, capital increases from reserves, or rights issues during the six-month period, the pledge not to reduce holdings will still apply to these additional shares.

The company's board of directors will continuously monitor the fulfillment of this undertaking and ensure timely information disclosure.