Wellhope announced that Mr. Wang Fengjiu, a shareholder holding more than 5% of the shares, holds 47.9646 million shares of the company, accounting for 5.26% of the total share capital. Recently, Mr. Wang Fengjiu has pledged and released part of his shares in the company. Among them, the number of pledged shares is 6.6 million shares, accounting for 13.76% of his held shares and 0.72% of the total share capital, with the pledge start date being June 3, 2025, and the pledgee being GF SECURITIES. The purpose of the pledged financing is to repay debts. The number of released pledged shares is 8.23 million shares, accounting for 17.16% of his held shares and 0.90% of the total share capital, with the release date being June 4, 2025. As of the announcement date, Mr. Wang Fengjiu has cumulatively pledged 8.35 million shares, accounting for 17.41% of his held shares and 0.92% of the total share capital