On September 18, 2025, FU-AN received a notification from its shareholder Zhongke Industry that it recently completed the pledge of 3.5 million shares and the release of 3.63 million shares from pledge. As of the announcement date, Zhongke Industry and its concerted actor FU-AN Holdings hold 172,403,983 shares of the company, accounting for 53.80% of the total share capital; the cumulative pledged shares amount to 130,781,000 shares, accounting for 75.86% of their holdings and 40.81% of the company's total share capital. Zhongke Industry has good creditworthiness, and the risk of this pledge is controllable, which will not lead to a change in the company's actual control rights and will have no impact on the company's business, financing, and other aspects. The company will continue to monitor the share pledge situation and disclose it in a timely manner