Tiancheng Auto announced that its controlling shareholder, Tiancheng Keji Investment, has early released 21.5 million shares from pledge, representing 15.74% of its holdings and 5.41% of the company's total share capital. As of the announcement date, Tiancheng Keji Investment has a cumulative pledged share count of 34.09 million shares, accounting for 24.95% of its holdings and 8.58% of the company's total share capital. In the first quarter of 2026, Tiancheng Auto achieved revenue of 780 million yuan and net profit attributable to the parent of 25.11 million yuan.
Zhejiang Tiancheng Control CoControlling shareholder early released shares from pledge, reducing pledge ratio, but still has significant pledged shares; no direct impact on operations.