<p>HUAXING CHUANGYE announced that its shareholder Li Jian, who holds more than 5% of the company's shares, has released part of his shares from pledge and re-pledged them. The number of shares pledged this time is 14.2861 million shares, accounting for 35.73% of his holdings and 2.81% of the company's total share capital. The pledged shares do not bear significant obligations for asset restructuring or performance compensation</p>

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<p>HUAXING CHUANGYE announced that Li Jian, a shareholder holding more than 5% of the company's shares, has lifted the pledge on part of his shares and re-pledged them. The number of shares pledged this time is 14.2861 million shares, accounting for 35.73% of his holdings and 2.81% of the company's total share capital. The pledged shares do not bear significant obligations for major asset restructuring or performance compensation</p>

HUAXING CHUANGYE: Shareholder Li Jian pledged 14.2861 million shares