方大炭素：关于公司控股股东部分股份质押的公告

Core Viewpoint - Fangda Carbon's major shareholder, Fangda Group, has pledged 20 million shares to China Minsheng Bank, indicating a strategic financial maneuver [1] Group 1 - Fangda Group holds 1,524,413,321 shares in Fangda Carbon, representing 37.86% of the total share capital [1] - The share pledge was registered with China Securities Depository and Clearing Corporation Limited [1] - The pledge occurred on October 29, 2025, suggesting a future financial strategy [1]