Baiao Chemical: Shareholder Holding Over 5% Has 3.29 Million Shares Released from Pledge and Freeze

Baiao Chemical announced that 3.29 million shares held by Dalian Guangyao Zhixin Shuhong Enterprise Management Consulting Partnership (Limited Partnership), a shareholder holding more than 5% of the company, completed the procedures for release of pledge and release of freeze on October 23, 2026. The shares released from pledge and freeze this time account for 0.47% of the company's total share capital and 1.86% of the shares it holds. There is currently no follow-up plan to re-pledge the shares released from pledge this time. As of the announcement date, Guangyao Zhixin holds 177 million shares of the company, accounting for 25.00% of the company's total share capital; the remaining pledged shares are 117 million shares, accounting for 66.25% of the shares it holds and 16.56% of the company's total share capital; the remaining frozen shares are 60.42 million shares, accounting for 34.22% of the shares it holds and 8.56% of the company's total share capital.