Dayue Precision Machinery: The controlling shareholder and its concerted parties have released the pledged shares and pledges.

Nippon Jifeng Machinery announced that recently Wu Jie has completed the company's share pledge release and pledge registration procedures. The number of shares released from pledge and pledged shares is 11.24 million shares, accounting for 25.70% of its total shares held and 1.50% of the company's total share capital. As of the disclosure date of the announcement, the controlling shareholder and its concerted parties pledged a total of 211 million shares of the company, accounting for 99.9955% of their total shareholding. Within the next year, there will be 19.5 million shares of pledged shares due, corresponding to a financing balance of 50 million yuan. The controlling shareholder and its concerted parties have the ability to repay, and the overall risk of pledge is controllable.