大族激光：控股股东部分股份解除质押及质押，涉662万股

Core Viewpoint - The announcement from Dazhu Laser indicates that its controlling shareholder, Dazhu Holdings, has partially released and pledged shares, which does not affect the company's operations or control [1] Summary by Relevant Sections Share Pledge and Release - On November 12, 2025, Dazhu Holdings released 3.52 million shares from pledge, accounting for 2.18% of its holdings and 0.34% of the total share capital [1] - On November 13, 2025, Dazhu Holdings pledged 3.10 million shares, representing 1.92% of its holdings and 0.30% of the total share capital, with the purpose of production and operation [1] Current Pledge Status - As of the announcement date, the controlling shareholder and its concerted parties have cumulatively pledged 197 million shares, which is 76.33% of their holdings and 19.13% of the total share capital [1] Financial Implications - The financing balances corresponding to the pledges maturing in the next six months and one year are 1.132 billion yuan and 2.078 billion yuan, respectively, indicating sufficient repayment funds [1]