FUDA ALLOY announced that the controlling shareholder, Mr. Wang Dawu, holds a total of 36.2487 million shares of the company, accounting for 26.76% of the company's total share capital. After the partial release of the pledge on some shares and the early extension of the pledge, Mr. Wang Dawu has pledged a total of 14.55 million shares of the company, accounting for 40.14% of his shareholding and 10.74% of the company's total share capital