蓝天燃气：控股股东蓝天集团已累计质押所持公司股份的83.80%

Core Viewpoint - Blue Sky Gas announced that its controlling shareholder, Blue Sky Group, has pledged 12.26 million shares to Beijing Tianyue Runyuan Trade Co., Ltd. for liquidity purposes, with significant implications for shareholding structure and financial health [1][2] Group 1: Share Pledge Details - Blue Sky Group pledged 3.0694 million shares starting from December 9, 2025, maturing on October 28, 2026, and 9.1939 million shares starting from December 10, 2025, maturing on October 11, 2026 [1] - After this pledge, Blue Sky Group has a total of 26.9 million shares pledged, representing 83.80% of its holdings and 37.57% of the total shares of Blue Sky Gas [1] - The actual controller, Li Xinhua, holds 46.76 million shares, with 44 million shares pledged, resulting in a pledge ratio of 94.10% [1] Group 2: Financial Health of Blue Sky Group - As of the announcement date, Blue Sky Group has total assets of 14.241 billion yuan and total liabilities of 9.051 billion yuan, leading to a debt-to-asset ratio of 63.55% [1] - The total bank loans amount to 5.484 billion yuan, with a bond balance of 150 million yuan and a bond repayment due within the next year also at 150 million yuan [1] - The current credit rating of Blue Sky Group is AA [1] Group 3: Impact on Company Operations - The share pledge by Blue Sky Group is not expected to have a significant impact on the company's operations, main business, financing credit, financing costs, or ongoing viability [2] - The pledge does not affect Blue Sky Group's status as the controlling shareholder or the company's governance structure [2] - Additionally, 30.9134 million shares held by Blue Sky Group have been judicially frozen by the Zhengzhou High-tech Industrial Development Zone People's Court [2]