TIAN TU CAPITAL (01973) controlling shareholder Wang Yonghua pledged 103 million shares of non-listed stocks.

Tian Tu Capital (01973) announced that on October 19, 2022, the company issued corporate bonds with an annual interest rate of 5%, a principal amount of RMB 500 million, and is expected to mature on October 19, 2025 (referred to as "2022 Company Bonds (Second Tranche)"). The 2022 Company Bonds (Second Tranche) are guaranteed by China Securities Credit Financing Guarantee Co., Ltd., which has obtained reverse guarantees from the company, including but not limited to pledging the equity securities of several unlisted companies held by the group to assume its guarantee responsibilities. On May 28, 2024, the company announced that the controlling shareholder and Chairman of the Board of Directors, Mr. Wang Yonghua, entered into a share pledge agreement with China Securities Credit Financing Guarantee Co., Ltd., pledging 1.839 million shares of unlisted shares of the company as collateral for China Securities Credit Financing Guarantee's guarantee responsibility. On November 12, 2024, Mr. Wang Yonghua entered into a third share pledge agreement with China Securities Credit Financing Guarantee, pledging an additional 103 million shares of unlisted shares (approximately 19.89% of the unlisted shares of the company as of the date of this announcement, or approximately 14.92% of the total number of issued shares of the company) as collateral for China Securities Credit Financing Guarantee's guarantee responsibility related to the 2022 Company Bonds (Second Tranche). Prior to signing the third share pledge agreement, Mr. Wang Yonghua had already pledged a total of 106 million shares of unlisted shares of the company (approximately 20.35% of the unlisted shares of the company, or approximately 15.27% of the total number of issued shares of the company) as collateral for China Securities Credit Financing Guarantee's guarantee responsibility related to the 2022 Company Bonds (Second Tranche) and as collateral for Shenzhen Surety Financial Guarantee Co., Ltd. as the beneficiary for the guarantee responsibilities of the two company bonds issued by the company on May 5, 2022, with principal amounts of RMB 200 million (referred to as "2022 Company Bonds (First Tranche)") and RMB 300 million (referred to as "2022 Company Bonds (Second Tranche)") respectively, collectively referred to as "2022 Company Bonds (First Tranche)".