Group 1 - The controlling shareholder, Shenzhen Maoye Department Store Co., Ltd. (Maoye Department Store), holds a total of 1,497,380,497 shares, accounting for 86.45% of the company's total share capital [2] - After the recent pledge and release of shares, Maoye Department Store and its concerted parties have pledged a total of 408,380,000 shares, which represents 29.15% of their total holdings and 23.58% of the company's total share capital [2] - Maoye Department Store has pledged 89,200,000 shares to Haitong Asset Management for daily operational turnover, with the pledge registration completed through the China Securities Depository and Clearing Corporation [3] Group 2 - The cumulative pledged shares by Maoye Department Store and its concerted parties are detailed, indicating a stable financial situation [4] - Maoye Department Store has also released a portion of its pledged shares, with the relevant registration procedures completed [4] - The company confirms that Maoye Department Store has a good credit status and repayment capability, with no risk of forced liquidation, and the pledge will not affect the company's control or operations [5]

Summary of Key Points Core Viewpoint - Hunan Zhongke Electric Co., Ltd. announced the partial release of share pledges held by its controlling shareholders, which will not affect the company's operations or governance [2]. Group 1: Share Pledge Release - The controlling shareholder, Yu Xin, released a total of 29,860,000 shares, accounting for 37.04% of his holdings and 4.36% of the company's total shares [2]. - The release of shares is part of a broader context where the controlling shareholders have pledged a total of 118,141,379 shares, which is 17.24% of their holdings [2]. Group 2: Pledged Shares Overview - As of the announcement date, the pledged shares include 80,613,000 shares from Yu Xin, representing 11.76% of his holdings, and 30,381,749 shares from Li Aiwu, representing 4.43% of her holdings [2]. - The total number of pledged shares does not pose a risk of forced liquidation and will not impact the company's production or governance [2]. Group 3: Additional Information - The company will continue to monitor the pledge situation of its controlling shareholders and will fulfill its disclosure obligations as required [2].

Group 1 - The controlling shareholder, Xianyang Jinkong, and its concerted party, Ruyi Broadcasting, have released a total of 38 million shares from pledge, which includes 26 million shares and 12 million shares respectively [1] - The shares released by Xianyang Jinkong account for 2.34% of its holdings and 0.72% of the company's total share capital, while Ruyi Broadcasting's released shares account for 11.02% of its holdings and 0.33% of the company's total share capital [1] - The release of the pledged shares is set to take place on May 9, 2025, with Xianyang Jinkong having 68.71% of its shares still pledged and Ruyi Broadcasting having 43.17% of its shares still pledged [1]