Fenda Technology's controlling shareholder pledges additional shares

Shenzhen Fenda Technology Co., Ltd. has disclosed that its controlling shareholder, Mr. Xiao Fen, recently pledged an additional 7,574,000 shares. This represents 3.50% of his total holdings and 0.42% of the company's total share capital. The pledge, initiated on December 9, 2025, and set to mature on December 8, 2026, is for working capital turnover.

Following this transaction, Mr. Xiao Fen and his concert parties now have a cumulative 251,337,180 shares pledged, representing 77.60% of their total holdings and 14.00% of the company's total share capital. Within the next six months, 183,163,180 pledged shares will mature, corresponding to a financing amount of 32,500 yuan. Within the next year, 251,337,180 pledged shares will mature, linked to a financing amount of 51,100 yuan.

Mr. Xiao Fen and his concert parties intend to repay the pledged loans using their own funds, investment dividends, asset disposals, or other income. They plan to manage maturity by potentially extending or re-pledging the shares, or by adding collateral, indicating an ability to meet their financial obligations. The company emphasizes that this share pledge will not materially impact its operations or corporate governance, nor does it involve non-operating fund appropriation or illegal guarantees.