Zhejiang Zhongke Magnetic Industry Co., Ltd.
Announcement on Partial Share Pledge by Controlling Shareholder and Actual Controller
The Company and the entire board of directors guarantee the truthfulness, accuracy, and completeness of the information disclosed herein, and that there are no false records, misleading statements, or material omissions.
Zhejiang Zhongke Magnetic Industry Co., Ltd. (hereinafter referred to as the "Company") recently received notification from its controlling shareholder and actual controller, Mr. Wu Zhongping, that a portion of his shares in the Company has been pledged. The relevant situation is hereby announced as follows:
I. Basic Information on Share Pledge by Shareholders