Hunan Friendship Apollo Commercial Co., Ltd. (hereinafter referred to as "the Company" or "the Listed Company") received a notification on March 31, 2026, from its controlling shareholder, Hunan Friendship Apollo Holdings Co., Ltd. (hereinafter referred to as "Friendship Holdings"), regarding the release and re-pledging of part of its shares. After the release and re-pledging, Friendship Holdings holds a total of 357,150,240 pledged shares, accounting for 79.9980% of its holdings and 25.6174% of the company's total equity. The cumulative number and proportion of pledged shares held by Friendship Holdings remain unchanged. The specific matters are announced as follows:
1. Basic Situation of Shareholder Shares
1.1 Release of Pledged Shares
| Shareholder Name | Controlling Shareholder or Largest Shareholder | Number of Released Pledged Shares (shares) | Proportion of Shares Held | Proportion of Total Equity | Pledge Start Date | Release Date | Pledgee |
|---|---|---|---|---|---|---|---|
| Friendship Holdings | Yes | 16,550,000 | 3.7070% | 1.1871% | January 20, 2022 | March 30, 2026 | Bank of Communications Co., Ltd. Hunan Branch |
| Total | 16,550,000 | 3.7070% | 1.1871% |