Mangyang Resources: Part of the shares pledged by the controlling shareholder and concerted actor have been released 2.5 million shares.

Songyang Resources Announcement: On July 15, 2026, the controlling shareholder and actual controller Wang Zhuangpeng, along with the concerted action person Beihai Jinxingyang Investment Co., Ltd., released a pledge of 2.5 million shares, accounting for 24.12% of their held shares and 1.22% of the company's total share capital. After this release, Jinxingyang has a total of 7.5 million shares pledged, accounting for 72.35% of their shareholding. Wang Zhuangpeng and his concerted action persons have a total of 46.36 million shares pledged, accounting for 75.36% of their total shareholding. There are 9.5 million shares pledged that will mature within the next six months, with a corresponding financing balance of 80 million yuan. The controlling shareholder has the ability to repay, and this release of pledge will not affect the company's control rights.