Yunnan Hoshine New Material (Group) Co., Ltd. Announcement on Partial Release of Share Pledges by Shareholders
The Company and all its directors guarantee the truthfulness, accuracy, and completeness of this announcement and that there are no false records, misleading statements, or material omissions.
Yunnan Hoshine New Material (Group) Co., Ltd. (hereinafter referred to as the "Company") recently received a notice from Yuxi Heyi Investment Co., Ltd. (hereinafter referred to as "Heyi Investment"), a shareholder holding more than 5% of the Company's shares. Heyi Investment has completed the procedures for releasing the pledge of some of its shares in the Company. The specific matters are as follows: