Bai'ao Chemical: Controlling shareholder Tongyun Investment releases 0.85% and 1.13% of pledged shares

Bai’ao Chemical’s announcement: the company’s controlling shareholder, Dalian Tongyun Investment Co., Ltd., will have 6.0 million shares and 8.0 million shares pledged to Shenzhen **** Co., Ltd. and Shenzhen ** Asset Management Co., Ltd. respectively released on March 30, 2026. These shares represent 0.85% and 1.13% of the company’s total share capital, and 2.84% and 3.78% of Tongyun Investment’s holdings, respectively. Tongyun Investment holds 212 million shares, accounting for 29.96%; as of the date of this announcement, it has cumulatively pledged 109 million shares, accounting for 51.44% of its holdings and 15.41% of the company’s total share capital.

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