TIANYOUDE announced that the company's controlling shareholder, TIANYOUDE Group, has pledged 43 million shares, accounting for 21.56% of its holdings and 8.92% of the company's total share capital. The pledge start date is April 2, 2025, and the pledge expiration date is April 1, 2028. The pledgee is Qinghai Bank Co., Ltd. Chengxi Branch, and the purpose of the pledge is to supplement working capital. As of the announcement date, the total number of pledged shares held by TIANYOUDE Group is 142 million shares, accounting for 71.28% of its holdings and 29.50% of the company's total share capital