Leo Group shareholder adjusts pledged holdings

Leo Group Co., Ltd. announced that shareholder Wang Zhuangli has engaged in both pledging and releasing company shares. Wang pledged 30 million shares, representing 5.95% of his total holdings and 0.44% of the company's total share capital, as of December 11, 2025. This pledge was made to the Wenling City Branch of Agricultural Bank of China for personal financing needs.

Concurrently, Wang Zhuangli also released a pledge of 20 million shares, equivalent to 3.97% of his holdings and 0.30% of the company's total share capital. This release was through the Taizhou Wenling Branch of Bank of Communications Co., Ltd.

Following these transactions, the cumulative pledged shares of the actual controller and their consistent action parties now stand at 508.50 million shares, representing 44.55% of their total holdings and 7.51% of the company's total share capital. The announcement confirms that there are no frozen shares held by the actual controller or parties acting in concert with them.