Shandong Hongyu Precision Machinery Co., Ltd. (hereinafter referred to as "the Company") recently received a notice from shareholder Mr. Li Yugong, informing that he has partially released and continued to pledge some of his shares. The specific matters are as follows:
1. Basic Information on the Release of Pledge
| Shareholder Name | Is the Shareholder a Controlling Shareholder or the Largest Shareholder and Acting in Concert? | Number of Shares Released from Pledge (shares) | Percentage of Shares Held (%) | Percentage of Total Share Capital (%) | Pledge Start Date | Pledge Expiration Date | Pledgee |
|---|---|---|---|---|---|---|---|
| Li Yugong | No | 3,000,000 | 23.79 | 1.77 | May 16, 2025 | May 29, 2026 | Hainan Aviation Travel Commercial Factoring Co., Ltd. |