Intretech's controlling shareholder unpledges significant shareholding

Xiamen Intretech Co., Ltd. announced that its controlling shareholder, Intretech Industry, has unpledged a total of 25,312,000 shares. These shares represent 6.52% of Intretech Industry's total holdings and 3.26% of Intretech's total share capital, which stands at 777,441,784 shares as of December 10, 2025. The unpledging occurred across several tranches, with various pledge initiation dates in 2023 and 2024, all concluding by December 11, 2025. The pledged shares were held by GF Securities Co., Ltd.

Following this transaction, Intretech Industry and its concerted parties (including Xiamen Yingde Future Venture Capital Partnership, Mr. Wu Kairong, Ms. Wang Lin Yan, Ms. Wu Xueping, and Ms. Wu Xuefen) now have 207,855,798 pledged shares. This represents 48.47% of their total holdings and 26.74% of the company's total share capital. The associated financing balance is 188,465,000 yuan. Intretech Industry asserts that the funding for repayment primarily originates from its own and self-raised funds, demonstrating sufficient repayment capacity.

The company further clarified that the share pledge activity by Intretech Industry and its concerted parties does not involve non-operating occupation of company funds, illegal guarantees, or other actions detrimental to company interests. The pledge status does not pose any flat-price risk and is not expected to affect the company's production, operation, or corporate governance, nor does it entail any performance compensation obligations.