Wanlang Magnetic Plastics announced that the 4 million shares pledged by Shi Qianzhong, the controlling shareholder and actual controller of the company, to Cathay Pacific Haitong Securities have been pledged for extension. The original expiration date was July 24, 2026, until July 23, 2027, accounting for 13.60% of the shares held, accounting for 4.68% of the company's total share capital, and financing was used for equity investment. As of the disclosure date, Shi Qianzhong had pledged a total of 8.665 million shares, accounting for 29.47% of its shares and 10.14% of the company's total share capital. There will be no change in the actual controller during this exhibition period, and there will be no significant adverse impact on the company.

Wanlang Magnetic Plastics announced that the 4 million shares pledged by Shi Qianzhong, the controlling shareholder and actual controller of the company, to Cathay Pacific Haitong Securities have been pledged for extension. The original expiration date was July 24, 2026, until July 23, 2027, accounting for 13.60% of the shares held, accounting for 4.68% of the company's total share capital, and financing was used for equity investment. As of the disclosure date, Shi Qianzhong had pledged a total of 8.665 million shares, accounting for 29.47% of its shares and 10.14% of the company's total share capital. There will be no change in the actual controller during this exhibition period, and there will be no significant adverse impact on the company.