According to Huatong Cable's announcement, Zhang Wenyong, one of the actual controllers, pledged 5 million shares on December 22, 2025, accounting for 5.87% of its shares and 0.98% of the company's total share capital. The pledge maturity date is December 21, 2026, and the funds will be used for debt-type investments. As of the disclosure date of the announcement, Zhang Wenyong held 85,1991 million shares of the company, accounting for 16.67% of the company's total share capital, and pledged a total of 3.02 million shares, accounting for 37.58% of his holdings and 6.27% of the company's total share capital. The controlling shareholders and their co-actors have pledged a total of 69.8863 million shares, accounting for 13.69% of the total share capital. There is no risk of liquidation of the pledged shares, and there will be no change in control.

According to Huatong Cable's announcement, Zhang Wenyong, one of the actual controllers, pledged 5 million shares on December 22, 2025, accounting for 5.87% of its shares and 0.98% of the company's total share capital. The pledge maturity date is December 21, 2026, and the funds will be used for debt-type investments. As of the disclosure date of the announcement, Zhang Wenyong held 85,1991 million shares of the company, accounting for 16.67% of the company's total share capital, and pledged a total of 3.02 million shares, accounting for 37.58% of his holdings and 6.27% of the company's total share capital. The controlling shareholders and their co-actors have pledged a total of 69.8863 million shares, accounting for 13.69% of the total share capital. There is no risk of liquidation of the pledged shares, and there will be no change in control.