Lomon Billions shareholder extends pledge as strategic proposals approved

Lomon Billions Group shareholder Henan Yintai Investment Co., Ltd. (Yintai Investment) has extended the pledge of 14.7m shares, representing 24.10% of its total holdings and 0.62% of the company's total share capital. Originally pledged from December 23, 2024, to December 22, 2025, the pledge with GF Securities Co., Ltd. for debt repayment has been extended to December 22, 2026. As of the disclosure date, Yintai Investment's cumulative pledged shares remain at 14.7m, consistent with pre-extension figures, and none of its pledged shares are restricted or frozen.

This extension follows Lomon Billions Group's 2025 third extraordinary general meeting, where shareholders approved three key proposals. The meeting, attended by 584 shareholders representing 40.8998% of voting shares, approved the 2026 bank credit line application, a guarantee for a subsidiary, and foreign exchange hedging business. Notably, the credit line application and subsidiary guarantee proposals garnered over 96% approval from total voting shares, while the foreign exchange hedging business received 99.9036% approval.

The general meeting's resolutions, including the special resolution on foreign exchange hedging, were confirmed to be valid by lawyers from Shanghai Jin Tiancheng (Shenzhen) Law Firm, ensuring compliance with relevant laws and regulations.