Shenzhen Feirongda Technology Co., Ltd. (hereinafter referred to as "the Company") recently received a letter from its controlling shareholder and actual controller, Mr. Ma Fei, informing that he has completed the early release of a pledge on 24.2 million shares of the Company previously pledged to Guojin Securities Co., Ltd. The specific situation is as follows:
I. Shareholder Pledge Release and Cumulative Pledge Situation
(1) Basic Situation of the Pledge Release
| Shareholder Name | Controlling Shareholder or Largest Shareholder | Number of Shares Released from Pledge (shares) | Percentage of Shares Held (%) | Percentage of Total Shares (%) | Pledge Start Date | Pledge Expiry Date | Release Date | Pledgee |
|---|---|---|---|---|---|---|---|---|
| Ma Fei | Yes | 24,200,000 | 10.41 | 4.16 | December 16, 2024 | December 14, 2027 | February 25, 2026 | Guojin Securities Co., Ltd. |
| Note: The percentage of total shares is calculated based on the current total share capital of 581,863,431 shares of the Company. |