New Continent A: Beijing and Ascend terminate pledging of 0.12% of shares.

New Continent A announced that Beijing Hesheng has released a pledge of 1 million shares on March 11, 2026, accounting for 4.31% of its holdings and 0.12% of the company's total share capital. The pledge started on September 26, 2025. As of the disclosure date of the announcement, Beijing Hesheng holds 23.2032 million shares, with a total pledge of 10 million shares, accounting for 43.10% of its holdings and 1.19% of the company's total share capital. Dalian Hesheng holds 108 million shares, with a total pledge of 81.2 million shares, accounting for 75.29% of its holdings and 9.68% of the company's total share capital.