300203SZSE
🚨 Material Event

Announcement on Controlling Shareholder's Share Pledge and Repurchase Business and Partial Release of Share Pledge

Focused Photonics (Hangzhou), Inc.··4 pages

✨ AI Summary

The announcement details share pledge and repurchase transactions by the controlling shareholder, Zhejiang Pudu Technology Co., Ltd. It outlines the basic situation of share pledges and partial releases, including pledged amounts and percentages. A significant outcome is the upcoming judicial auction of 9.92 million shares held by an affiliated party, Zhejiang Ruiyang Technology Co., Ltd., due to a financing guarantee default.

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Full Translation

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Announcement on Controlling Shareholder's Share Pledge and Repurchase Business and Partial Release of Share Pledge

The company and all members of the board of directors guarantee the information disclosed is true, accurate, and complete, and contains no false records, misleading statements, or major omissions.

I. Basic Information on Shareholder Share Pledge

On [blank], Zhejiang Pudu Technology Co., Ltd. (hereinafter referred to as "Pudu Technology"), one of the controlling shareholders of Focus Technology (Hangzhou) Co., Ltd. (hereinafter referred to as "the Company"), notified the Company that Pudu Technology has engaged in share pledge and repurchase business and partial release of share pledge business. The specific details are as follows:

1. Basic Information on Shareholder Share Pledge

Shareholder NameIs it a Controlling Shareholder or First Largest Shareholder and Acting in ConcertNumber of Shares Pledged This TimeProportion of Shares Held by ShareholderProportion of Total Share CapitalIs it Restricted Stock?Is it for Supplementary Pledge?Pledge Start DatePledge Expiry DatePledgeePurpose of Pledge
Pudu TechnologyYes13,000,00025.09%2.90%NoNo2026/6/16Until release of pledgeHangzhou Industrial and Commercial Trust Co., Ltd.Repayment of financing
Pudu TechnologyYes9,000,00017.37%2.01%NoNo2026/6/17Until release of pledgeHangzhou Industrial and Commercial Trust Co., Ltd.Repayment of financing

2. Basic Information on Partial Release of Shareholder Share Pledge

Shareholder NameIs it a Controlling Shareholder or First Largest Shareholder and Acting in ConcertNumber of Shares Released This TimeProportion of Shares Held by ShareholderProportion of Total Share CapitalStart DateRelease DatePledgee
Pudu TechnologyYes22,000,00042.45%4.90%2024/6/182026/6/17Yunnan International Trust Co., Ltd.

3. Cumulative Pledged and Frozen Shares of Shareholders

As of June 17, 2026, the pledge and freeze situation of shares held by the aforementioned shareholders and their concerted actors is as follows:

II. Other Explanations Regarding Controlling Shareholders and Their Concerted Actors

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