Holly Futures: Shareholders may passively reduce holdings of 18.1349 million shares due to judicial enforcement

HOLLY FUTURES announced that its shareholder Hongsu Industrial holds 19.1349 million shares of the company, all of which are under pledge and frozen status. Due to a contractual dispute with the Hong Kong Connect Phase I, the court has ruled to enforce the execution of the company’s stocks held by Hongsu Industrial. From November 7, 2025, to February 4, 2026, Hongsu Industrial will passively reduce 10.0778 million shares through centralized bidding trading and passively reduce 8.0571 million shares through block trading, totaling a reduction of 18.1349 million shares. This share change will not lead to a change in the actual control of the company and will not affect the company's operations