Jiuzhitang: Li Zhenguo, a shareholder holding more than 5% of the shares, partially released the pledge of shares.

Jiuzhitang announced that it has recently received a letter from shareholder Li Zhenguo, who holds more than 5% of the company's shares, stating that a portion of his shares have been released from pledge. The number of shares released from pledge this time is 18.7238 million shares, accounting for 12.22% of his total shareholding, and 2.19% of the total share capital of the company. The start date is May 23, 2024, and the release date is February 13, 2026. The pledgee is Heilongjiang Cheneng Gongda Venture Investment Co., Ltd. As of February 13, Li Zhenguo holds 153 million shares, accounting for 17.91% of the total shareholding, and a total of 74.9062 million shares have been pledged, accounting for 48.87% of his total shareholding and 8.75% of the company's total share capital.