Shenzhen Envicool's actual controller unpledges significant stock

Shenzhen Envicool Technology Co., Ltd. announced today that its actual controller, Mr. Qi Yong, has unpledged a portion of his shares in the company. The release involved 4,514,640 shares, representing 8.19% of his total holdings and 0.46% of the company's total share capital. The pledge, originally established on December 8, 2022, was released on December 5, 2025, with China Merchants Securities Co., Ltd. acting as the pledgee.

Following this transaction, Mr. Qi Yong's total pledged shares amount to 1,690,000, which constitutes 3.07% of his current holdings and 0.17% of the company's total share capital. All of these pledged shares are restricted as high-level management lock-up stock, accounting for 100% of his currently pledged stock. His unpledged shares, totaling 39,650,667, represent 74.21% of his non-pledged holdings.

Cumulatively, as of the disclosure date, Mr. Qi Yong and Envicool Investment, as shareholders and parties acting in concert, collectively hold 300,140,394 shares, representing 30.72% of the company's total shares. Their combined pledged shares stand at 28,109,393, or 9.37% of their collective holdings and 2.88% of the company's total share capital.