Hunan Huakai Cultural and Creative Co LtdShareholder releases pledge on 2 million shares; company states no forced liquidation risk, but no direct impact on operations.

Huakai Yibai Technology Co., Ltd. shareholder Zhuang Junchao released the pledge on 2 million shares on July 21, 2026, representing 6.50% of his holdings and 0.51% of the company's total share capital. The pledgee was China Merchants Securities Co., Ltd. As of the announcement date, Zhuang Junchao holds 30.7627 million shares, accounting for 7.86% of the total share capital, while his concert party, Siyang Chaoran Mailun Enterprise Management Partnership, holds 31.1132 million shares, or 7.95%. Following this release, Zhuang Junchao has a cumulative pledged amount of 10.2 million shares, representing 33.16% of his holdings, and the concert party's total pledged shares amount to 30.3 million, or 48.97% of their combined holdings. The company stated that the shareholder's credit standing is sound, and the pledged shares are not subject to forced liquidation or compulsory transfer risks.
Hunan Huakai Cultural and Creative Co LtdShareholder releases pledge on 2 million shares; company states no forced liquidation risk, but no direct impact on operations.