Yueyang Xinchang Petrochemical Co., Ltd. announces the pledge of shares by a shareholder holding over 5% of shares. The company and all members of the board guarantee that the information disclosed is true, accurate, and complete, with no false records, misleading statements, or significant omissions. Recently, the company received notification from Hunan Changlian Xinchang Enterprise Service Co., Ltd. (hereinafter referred to as "Xinchang Enterprise Service"), a concerted actor of the shareholder Hunan Changlian Xinchang Group Co., Ltd. (hereinafter referred to as "Xinchang Group"), regarding the pledge of part of its shares. The relevant situation is announced as follows:
I. Basic Situation of Shareholder's Share Pledge
II. Cumulative Pledged Shares Held by the Shareholder
As of the announcement date, the pledged shares held by Xinchang Group and its concerted actor Xinchang Enterprise Service are as follows: