Kouzi Liquor: Shareholder Liu Ansheng pledged 2.7139 million shares.

Kouzi Liquor announced that the company's controlling shareholder, Liu Ansheng, pledged 2.7139 million unrestricted tradable shares to Guotai Haitong Securities on September 14, 2026, for a stock pledge-style repo transaction, with the repurchase date set for September 14, 2027. The financing is intended to repay debt, and the relevant procedures have been completed. The pledged shares account for 0.45% of the company's total share capital. After this pledge, Liu Ansheng has cumulatively pledged 37.4282 million shares, representing 69.99% of his holdings; Liu Ansheng and his persons acting in concert have cumulatively pledged 51.8337 million shares, accounting for 21.41% of their combined holdings and 8.67% of the company's total share capital. This pledge will not cause a transfer of voting rights and will not affect the company's control.