Huatong Cable: One of the actual controlling shareholders, Zhang Wenyong, pledged 5 million shares.

Huatuong Cable announced that one of the actual controllers, Zhang Wenyong, pledged 5 million shares on December 22, 2025, accounting for 5.87% of his shareholding and 0.98% of the company's total share capital. The pledge expires on December 21, 2026, and the funds are used for debt investment. As of the announcement disclosure date, Zhang Wenyong holds 85.1991 million shares of the company, accounting for 16.67% of the total share capital, with a cumulative pledge of 32.02 million shares, accounting for 37.58% of his shareholding and 6.27% of the total share capital. The controlling shareholder and its concerted action parties have pledged a total of 69.8863 million shares, accounting for 13.69% of the total share capital. The pledged shares have no risk of liquidation, and will not lead to a change in control.