Announcement on the Release of Pledged Shares by the Company's Controlling Shareholder
The company and its board of directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and are free from any false records, misleading statements, or significant omissions.
Kangda New Material (Group) Co., Ltd. (hereinafter referred to as the "Company" or "this Company") recently received a notice from its controlling shareholder, Tangshan Gongkong Holdings Group Co., Ltd. (hereinafter referred to as "Tangshan Gongkong"), stating that a portion of its shares in this Company has undergone the procedure for release of pledge. The specific matters are as follows: