300870SZSE

Announcement on the Release of Pledge on Part of Shares by Controlling Shareholder

✨ AI Summary

Shenzhen Oulu Electronics Co., Ltd. received notice from its controlling shareholder, Shenzhen Genoli Information Consulting Co., Ltd., regarding the release of a pledge on 9,800,000 shares, representing 23.94% of its holdings. The release occurred on June 2, 2026. The controlling shareholder's financial status is stable, and this action does not affect the company's control.

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Full Translation

AI Translation· azure_openai

Shenzhen Oulu Electronics Co., Ltd. (hereinafter referred to as "the Company") recently received a notification from its controlling shareholder, Shenzhen Genoli Information Consulting Co., Ltd. (hereinafter referred to as "Genoli"), informing that Genoli has completed the release of a pledge on part of its shares in the Company. The specific details are as follows:

1. Basic Information on the Release of Share Pledge

1.1 Basic Situation of Share Pledge Release

Shareholder NameControlling Shareholder or Largest ShareholderNumber of Shares Released from Pledge (shares)Percentage of Shares HeldPercentage of Total Share CapitalStart DateRelease DatePledgee
GenoliYes, one of the controlling shareholders9,800,00023.94%6.42%May 15, 2025June 2, 2026Yunnan International Trust Co., Ltd.

Note:
(1) Some data in the table is rounded to two decimal places;
(2) As "Outong Convertible Bonds" are currently in the conversion period, as of June 2, 2026, the total share capital of the Company is 152,643,437 shares;
(3) The Company implemented a rights distribution on May 28, 2026, where every 10 shares were increased by 4 shares from the capital reserve, and the number of shares released from pledge includes the original pledged shares of 7,000,000 shares and the corresponding increased shares of 2,800,000 shares.

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