Securities Code: 002290 Securities Abbreviation: Hesheng New Material Announcement No.: 2026-038 Suzhou Hesheng New Material Co., Ltd. Announcement on Pledge of Part of Shares by Controlling Shareholder The Company and the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and that there are no false records, misleading statements, or major omissions. Recently, Suzhou Hesheng New Material Co., Ltd. (hereinafter referred to as the "Company") received a notice from its controlling shareholder, Shanghai Moore Zhixin Information Technology Partnership (Limited Partnership) (hereinafter referred to as "Moore Zhixin"), stating that Moore Zhixin has pledged part of the company's shares it holds. The specific matters are as follows: I. Basic Information on Share Pledge by Shareholders
- Basic Information on Shares Pledged by Shareholders in This Instance | Shareholder Name | Whether Controlling Shareholder or First Major Shareholder and Concerted Party | Number of Shares Pledged in This Instance (shares) | Proportion of Shares Held | Proportion of Company's Total Share Capital | Whether Restricted Shares | Whether Supplementary Pledge | Pledge Start Date | Pledge Expiration Date | Pledgee | Pledge Purpose | |---|---|---|---|---|---|---|---|---|---|---| | Moore Zhixin | Yes | 20,097,099 | 45.00% | 8.10% | No | No | 2026-05-14 | 2033-03-30 | Industrial Bank Co., Ltd. Shanghai Zhangjiang Branch | Own Capital Needs | | Total | | 20,097,099 | 45.00% | 8.10% | | | | | | | This share pledge does not involve major asset restructuring or other performance compensation obligations.
- Cumulative Share Pledge Situation of Company Shareholders As of the disclosure date of this announcement, the cumulative share pledge situation of Moore Zhixin is as follows: | Shareholder Name | Number of Shares Held (shares) | Proportion of Shares Held | Number of Shares Pledged in This Instance (shares) | Proportion of Shares Held After Pledge | Proportion of Company's Total Share Capital | Proportion of Pledged Shares to Total Share Capital | Number of Restricted and Frozen Shares (shares) | Proportion of Restricted and Frozen Shares | |---|---|---|---|---|---|---|---|---| | Moore Zhixin | 44,660,220 | 18.00% | 0 | 20,097,099 | 45.00% | 8.10% | 0 | 0 | | Total | 44,660,220 | 18.00% | 0 | 20,097,099 | 45.00% | 8.10% | 0 | 0 | II. Other Explanations
- The current share pledge is for the controlling shareholder Moore Zhixin's own capital needs and is not for meeting the Company's production and operation related needs.
- As of the disclosure date of this announcement, in addition to the pledged shares, Moore Zhixin's holdings do not have risks of liquidation or forced transfer, nor have shares been frozen, auctioned, or placed in trust. The share pledge risk is within controllable limits.
- The above share pledge matters will not affect the Company's production and operation, or corporate governance, and will not lead to a change in the Company's actual control. If there are other major changes in the above share pledge matters, the Company will fulfill its information disclosure obligations in a timely manner according to relevant regulations. III. Documents for Inspection
- Detailed Statement of Securities Pledge and Judicial Freeze issued by China Securities Depository and Clearing Corporation Limited;
- "Listed Company Stock Pledge Agreement". Hereby announced. Suzhou Hesheng New Material Co., Ltd. 2026-05-16