Summary of Key Points Core Viewpoint - Ningxia Baofeng Energy Group Co., Ltd. announced the release of part of the pledged shares by its controlling shareholder, Ningxia Baofeng Group Co., Ltd., which indicates a positive development in the company's financial stability and shareholder confidence [1]. Group 1: Shareholding and Pledge Details - As of the end of Q1 2025, Baofeng Group holds 5.45% of the company's shares [1]. - The controlling shareholder released 400,000,000 shares from pledge, which accounts for 15.30% of its total holdings [1]. - The total number of shares held by Baofeng Group is 2,614,211,270, representing 35.65% of the company's total share capital [1]. Group 2: Remaining Pledged Shares - After the release, Baofeng Group has 250,000,000 shares still pledged, which is 9.56% of its total holdings and 3.41% of the company's total share capital [1]. - The company will fulfill its disclosure obligations regarding any future pledge situations [1].
宝丰能源: 宁夏宝丰能源集团股份有限公司关于控股股东部分股份解除质押的公告