Eve Energy's controlling shareholder pledges more shares

Eve Energy Co. announced that its controlling shareholder, Tibet EVE Holdings Co., Ltd., has pledged an additional 4,700,000 shares of the company. This transaction represents 0.72% of EVE Holdings' total shares and 0.23% of the company's total share capital. The pledge, effective December 17, 2025, with Zhejiang Merchants Bank Co., Ltd., is for the purpose of repaying debt.

Following this latest transaction, the cumulative number of pledged shares by the controlling shareholder, its actual controller, and parties acting in concert now totals 288,740,000 shares. This amount constitutes 37.29% of their collective holdings and 13.92% of Eve Energy's total share capital.

EVE Holdings asserts its good credit standing and sufficient capital to manage the pledged shares, indicating no current risk of liquidation or forced sale. The company confirmed that this pledge does not alter the actual control of Eve Energy and will continue to monitor any changes and risks associated with these pledged shares.