Shengxing Co., Ltd. announced that the controlling shareholder Shengxing Holdings released the pledge of 36.6 million shares on December 17, 2025, accounting for 6.74% of its shares and 3.75% of the company's total share capital; 7.93 million shares were released on the same day, accounting for 1.46% of its shares and 0.81% of the company's total share capital. As of the disclosure date of the announcement, Shengxing Holdings had pledged a total of 14.05 million shares, accounting for 2.59% of its shares and 1.44% of the company's total share capital.

Shengxing Co., Ltd. announced that the controlling shareholder Shengxing Holdings released the pledge of 36.6 million shares on December 17, 2025, accounting for 6.74% of its shares and 3.75% of the company's total share capital; 7.93 million shares were released on the same day, accounting for 1.46% of its shares and 0.81% of the company's total share capital. As of the disclosure date of the announcement, Shengxing Holdings had pledged a total of 14.05 million shares, accounting for 2.59% of its shares and 1.44% of the company's total share capital.