According to Tianli Lithium Energy's announcement, the 1 million shares of the company held by Wang Ruiqing, the controlling shareholder and actual controller of the company, were judicially frozen by the Shanghai Minhang District People's Court, accounting for 4.37% of its shares and 0.84% of the company's total share capital. The freeze began on September 3, 2026, and the expiration date was September 2, 2029. The reason for the freeze was that its pledge contract dispute with Yang Jiao was applied for execution. After this freeze, the company's co-actual controllers Wang Ruiqing, Li Wen, and Li Xuan have frozen a total of 11.032,300 shares, accounting for 23.53% of their shares and 9.29% of the company's total share capital. The matter has yet to have a significant adverse impact on the company's controlling rights, governance structure and daily operations.

According to Tianli Lithium Energy's announcement, the 1 million shares of the company held by Wang Ruiqing, the controlling shareholder and actual controller of the company, were judicially frozen by the Shanghai Minhang District People's Court, accounting for 4.37% of its shares and 0.84% of the company's total share capital. The freeze began on September 3, 2026, and the expiration date was September 2, 2029. The reason for the freeze was that its pledge contract dispute with Yang Jiao was applied for execution. After this freeze, the company's co-actual controllers Wang Ruiqing, Li Wen, and Li Xuan have frozen a total of 11.032,300 shares, accounting for 23.53% of their shares and 9.29% of the company's total share capital. The matter has yet to have a significant adverse impact on the company's controlling rights, governance structure and daily operations.