SANAN: The controlling shareholder has partially lifted the pledge on shares, reducing the cumulative pledge ratio

SANAN announced that on October 22, 2025, its controlling shareholder, Sanan Electronics, will lift the pledge of 14.5 million shares to Ping An Bank Xiamen Branch, accounting for 1.19% of its held shares and 0.29% of the company's total share capital. Sanan Electronics holds 1.214 billion shares of the company, accounting for 24.33% of the total share capital. After this unpledging, the cumulative pledged shares will be 538 million, accounting for 44.30% of its held shares. Sanan Electronics and its controlling shareholder, Sanan Group, together hold 1.47 billion shares of the company, accounting for 29.47% of the total share capital, with cumulative pledged shares of 666 million, accounting for 45.29% of the shares held by the two entities