Dongbai Group announced that the controlling shareholder Feng Qi Investment recently released the pledge of 3 million unrestricted tradable shares previously pledged to the Fuzhou branch of Bohai Bank. The dissolution period is December 29, 2025. Feng Qi Investment and its co-actors, Shi Zhangfeng and Shi Xia, held a total of 522 million shares, accounting for 60% of the total share capital. After this dissolution, they pledged a total of 345 million shares, accounting for 66.05% of the total number of shares held and 39.63% of the total share capital. The corresponding financing amounts for Feng Qi's investment pledged shares due within the next six months and one year are 180 million yuan and 745 million yuan respectively. The related parties also have corresponding maturing shares and financing amounts. The repayment funds stem from operating income, etc., so the pledge risk is manageable.

Dongbai Group announced that the controlling shareholder Feng Qi Investment recently released the pledge of 3 million unrestricted tradable shares previously pledged to the Fuzhou branch of Bohai Bank. The dissolution period is December 29, 2025. Feng Qi Investment and its co-actors, Shi Zhangfeng and Shi Xia, held a total of 522 million shares, accounting for 60% of the total share capital. After this dissolution, they pledged a total of 345 million shares, accounting for 66.05% of the total number of shares held and 39.63% of the total share capital. The corresponding financing amounts for Feng Qi's investment pledged shares due within the next six months and one year are 180 million yuan and 745 million yuan respectively. The related parties also have corresponding maturing shares and financing amounts. The repayment funds stem from operating income, etc., so the pledge risk is manageable.