Hunan Friendship Apollo Commercial Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, without any false records, misleading statements, or significant omissions.
Recently, the Company received a notification from Hunan Friendship Apollo Holdings Co., Ltd. (hereinafter referred to as "Friendship Holdings") regarding the release of a pledge on part of its shares. The specific details are as follows: