Hengxin Oriental Culture Co., Ltd. (hereinafter referred to as "the Company" or "Hengxin Oriental") recently received a notification from its controlling shareholder, Mr. Meng Xianmin, regarding the release and pledge of part of his shares. The specific details are announced as follows:
1. Basic Situation of Share Release and Pledge
1.1 Basic Situation of Share Release
| Shareholder Name | Controlling Shareholder | Number of Shares Released (shares) | Proportion of Shares Held | Proportion of Total Share Capital | Start Date | Release Date | Pledgee |
|---|---|---|---|---|---|---|---|
| Meng Xianmin | Yes | 3,200,000 | 5.12% | 0.53% | May 22, 2026 | June 2, 2026 | Zhang Kai |