According to the Boqian New Materials announcement, the controlling shareholder Guang Hongyuan recently pledged 6 million unrestricted tradable shares to China CITIC Bank Ningbo Branch. The starting date of the pledge is January 5, 2026, and the expiration date is December 24, 2030, for the purpose of pledge guarantee. Guang Hongyuan held 51.5538 million shares of the company, accounting for 19.71% of the total share capital. After this pledge, it pledged 16 million shares, accounting for 31.04% of its shareholding ratio and 6.12% of the company's total share capital. The concerted actor, Ningbo Shenyang, had no pledge. This pledge does not involve performance compensation obligations and will not affect changes in the company's production, operation, governance and control rights.

According to the Boqian New Materials announcement, the controlling shareholder Guang Hongyuan recently pledged 6 million unrestricted tradable shares to China CITIC Bank Ningbo Branch. The starting date of the pledge is January 5, 2026, and the expiration date is December 24, 2030, for the purpose of pledge guarantee. Guang Hongyuan held 51.5538 million shares of the company, accounting for 19.71% of the total share capital. After this pledge, it pledged 16 million shares, accounting for 31.04% of its shareholding ratio and 6.12% of the company's total share capital. The concerted actor, Ningbo Shenyang, had no pledge. This pledge does not involve performance compensation obligations and will not affect changes in the company's production, operation, governance and control rights.