A Shi Chuang: Some of the shares of the controlling shareholder and its concerted action parties are released from pledge and pledge.

AShiChuang recently announced that the company's controlling shareholder, one of the actual controllers, Chen Qinzong, and the concerted action person, KeTuo Investment, have partially lifted the pledged shares and conducted pledge transactions. Among them, a total of 11.6 million shares were released from pledge, accounting for 7.56% of the company's total share capital; a total of 11.3 million shares were pledged, accounting for 7.36% of the company's total share capital. As of the date of the announcement, the controlling shareholder, actual controller, and their concerted action person had pledged a total of 31.18 million shares, accounting for 20.31% of the company's total share capital.