According to Fuda Alloy's announcement, Wang Dawu, the controlling shareholder of the company, released the pledge of 8 million shares on October 27, 2026, accounting for 28.38% of its shares and 5.91% of the company's total share capital. After the pledge was lifted, Wang Dawu pledged a total of 0 shares. He directly held 28.1917 million shares of the company, accounting for 20.81% of the company's total share capital. Wang Dawu, Wang Zhongnan, Chen Songyang, Chen Songle, and Lu Xiaohe were acting in concert. They held a total of 304.692 million shares, accounting for 22.50% of the company's total share capital. After the pledge was lifted, the concerted action team pledged a total of 0 shares. There is no follow-up pledge plan for the released shares this time, and there will be no impact on corporate governance and production and operation.

According to Fuda Alloy's announcement, Wang Dawu, the controlling shareholder of the company, released the pledge of 8 million shares on October 27, 2026, accounting for 28.38% of its shares and 5.91% of the company's total share capital. After the pledge was lifted, Wang Dawu pledged a total of 0 shares. He directly held 28.1917 million shares of the company, accounting for 20.81% of the company's total share capital. Wang Dawu, Wang Zhongnan, Chen Songyang, Chen Songle, and Lu Xiaohe were acting in concert. They held a total of 304.692 million shares, accounting for 22.50% of the company's total share capital. After the pledge was lifted, the concerted action team pledged 0 shares. There is no follow-up pledge plan for the released shares this time, and there will be no impact on corporate governance and production and operation.