中国第一重型机械股份公司关于控股股东质押股份全部解除质押的公告

Core Viewpoint - China First Heavy Industries Group Co., Ltd. (the company) announced the complete release of pledged shares by its controlling shareholder, China First Heavy Machinery Group Co., Ltd. (the group), which holds 4,106,252,571 shares, accounting for 59.88% of the company's total share capital [2]. Group 1: Share Pledge Release - The group has released the pledge on 1,300,000,000 shares, resulting in no pledged shares remaining [2]. - The release of the pledge was completed with the China Securities Depository and Clearing Corporation Limited [2]. - The group has no plans for subsequent pledges of the released shares and will disclose any changes in accordance with relevant regulations [2]. Group 2: Stock Trading Risks - The company's stock price has increased by 113.12% since December 2025, significantly outpacing the Shanghai Composite Index, indicating a potential risk of a price correction [5][7]. - The company reported a net profit of -78.5995 million yuan for the third quarter of 2025, highlighting operational loss risks [8]. - The average turnover rate of the company's stock was 12.80% on January 13 and 14, 2026, indicating increased trading volume and associated risks [9]. - The company is included in the "controlled nuclear fusion" concept stocks, but has only undertaken a minimal number of related projects, with no revenue generated from these products [10].