Baichuan Co., Ltd. announced that the company received a notice from the controlling shareholder Zheng Tiejiang and learned that some of its shares in the company had been pledged. Zheng Tiejiang and Wang Yajuan held a total of 74.5024 million shares, accounting for 10.31% of the company's total share capital; they pledged 37 million shares before the pledge and 45 million shares after this pledge, accounting for 60.40% of their shares and 6.23% of the company's total share capital. This pledged financing was not used to meet the production and operation related needs of listed companies, and the pledged shares did not bear performance compensation obligations such as major asset restructuring.

Baichuan Co., Ltd. announced that the company received a notice from the controlling shareholder Zheng Tiejiang and learned that some of its shares in the company had been pledged. Zheng Tiejiang and Wang Yajuan held a total of 74.5024 million shares, accounting for 10.31% of the company's total share capital; they pledged 37 million shares before the pledge and 45 million shares after this pledge, accounting for 60.40% of their shares and 6.23% of the company's total share capital. This pledged financing was not used to meet the production and operation related needs of listed companies, and the pledged shares did not bear performance compensation obligations such as major asset restructuring.