According to Disheng Li's announcement, Lihong Company, the controlling shareholder of the company, pledged 18.12 million shares to Zhejiang Bingbing Pawn Co., Ltd. on December 17, 2025, accounting for 15.75% of its total shareholding and 4.23% of the company's total share capital. Lihong Company holds 115 million shares of the company, accounting for 26.87% of the total share capital. After this pledge, it pledged a total of 54.12 million shares, accounting for 47.04% of the total number of shares held and 12.64% of the company's total share capital. The funds raised were used for its own needs, which would not lead to changes in the company's control or controlling shareholders, nor would it adversely affect the company.

According to Disheng Li's announcement, Lihong Company, the controlling shareholder of the company, pledged 18.12 million shares to Zhejiang Bingbing Pawn Co., Ltd. on December 17, 2025, accounting for 15.75% of its total shareholding and 4.23% of the company's total share capital. Lihong Company holds 115 million shares of the company, accounting for 26.87% of the total share capital. After this pledge, it pledged a total of 54.12 million shares, accounting for 47.04% of the total number of shares held and 12.64% of the company's total share capital. The funds raised were used for its own needs, which would not lead to changes in the company's control or controlling shareholders, nor would it adversely affect the company.