Shenzhen Kechuangxinyuan New Material Co., Ltd.
Announcement on Partial Release of Pledged Shares by Company's Controlling Shareholder, Actual Controller's Joint Actor
The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and are free from any false records, misleading statements, or material omissions.
Shenzhen Kechuangxinyuan New Material Co., Ltd. (hereinafter referred to as the "Company" or "this Company") recently received a notification from Shenzhen Kechuangxinhua Technology Co., Ltd. (hereinafter referred to as "Kechuangxinhua"), a joint actor of the Company's controlling shareholder and actual controller, stating that Kechuangxinhua has completed the procedures for releasing a portion of its pledged shares in the Company. The specific details are as follows:
I. Basic Situation of Share Release by Shareholders in This Instance