Ruilian New Materials announced that Xinzhou New Materials, the unanimous actor of Liu Xiaochun, the shareholder holding more than 5% of the company's shares, held 12.2821 million shares of the company, accounting for 7.14% of the company's total share capital. Xinzhou New Materials has pledged 2 million shares of the company, accounting for 16.28% of its shares and 1.16% of the company's total share capital. The pledge commencement date is May 9, 2025. The pledge holder is Shaanxi Jianghao Venture Capital Co., Ltd., and the pledge financing funds are used for their own capital requirements. Xinzhou New Materials has pledged a total of 2 million shares, accounting for 16.28% of its shares and 1.16% of the company's total share capital.

Ruilian New Materials announced that Xinzhou New Materials, the unanimous actor of Liu Xiaochun, the shareholder holding more than 5% of the company's shares, held 12.2821 million shares of the company, accounting for 7.14% of the company's total share capital. Xinzhou New Materials has pledged 2 million shares of the company, accounting for 16.28% of its shares and 1.16% of the company's total share capital. The pledge commencement date is May 9, 2025. The pledge holder is Shaanxi Jianghao Venture Capital Co., Ltd., and the pledge financing funds are used for their own capital requirements. Xinzhou New Materials has pledged a total of 2 million shares, accounting for 16.28% of its shares and 1.16% of the company's total share capital.