Giant Power Rigging: The controlling shareholder Giant Power Group pledged 16 million shares.

Announcement of Jugong Rigging, the controlling shareholder Jugong Group has re-pledged 16 million shares of the company's stock to China International Securities Limited, with the pledge starting on August 4, 2025 and ending on August 4, 2026. This pledge accounts for 8.32% of the shares held by Jugong Group and 1.67% of the total company's shares. Previously, Jugong Group has released the pledge on 23.2 million shares, accounting for 12.06% of the shares held by them and 2.42% of the total company's shares. As of the disclosure date of this announcement, Jugong Group has pledged a total of 58.39 million shares, accounting for 30.36% of the shares held by them and 6.08% of the total company's shares.