Eddie Precision: The extension of the pledge of the shares by the actual controlling shareholder and the release of the pledge of some shares.
Precision Corporation Eddie announced that one of the actual controllers, Song Fei, directly holds 11.3422 million shares of the company, accounting for 1.32% of the total share capital. On June 17, 4.57 million shares were pledged and extended to June 17, 2027, accounting for 40.29% of its holding and 0.53% of the total share capital of the company; 1.1 million shares were released from pledge, accounting for 9.70% of its holding and 0.13% of the total share capital of the company. As of the announcement date, the controlling shareholder, actual controller, and concerted action parties collectively hold 500 million shares, accounting for 58.40% of the total share capital, with 30.07 million shares pledged, accounting for 6.01% of the shares held by them and 3.51% of the total share capital of the company. The company stated that the pledge risk is controllable.
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