Fuan Holdings' shareholder Zhongke Industrial is handling the procedures for pledging and releasing the pledge of shares.

On September 26, 2025, Fuan Holdings received a notice from shareholder Zhongke Industrial that it had completed the procedures for pledging 5.34 million shares and releasing the pledge on 6.25 million shares. As of the disclosure date of the announcement, Zhongke Industrial and its concerted actor Fuan Holdings hold a total of 172 million shares of the company, accounting for 53.80% of the total share capital; the cumulative pledged shares are 130 million shares, accounting for 75.33% of the shareholding and 40.53% of the total share capital. Zhongke Industrial has good credit and the risk of this pledge is controllable, which will not affect the company's controlling rights or its business operations. The company will continue to monitor the situation of the pledged shares and disclose any updates in a timely manner.