Core Viewpoint - The announcement indicates that the controlling shareholder, Li Hu, has released a pledge on 7.752 million shares, which represents 9.76% of his holdings and 3.42% of the company's total share capital, suggesting a positive liquidity event for the company [1] Group 1 - Li Hu's release of the pledge on 7.752 million shares occurred on November 26, 2025, while the remaining 2.3 million shares' release date has been postponed to November 26, 2026 [1] - As of the announcement date, Li Hu has a total of 6.05 million shares pledged, accounting for 7.62% of his holdings and 2.67% of the company's total share capital, indicating a manageable level of pledge risk [1] - The previous share reduction plan by Li Hu has been fully implemented, and the release of the pledge will not affect the company's control [1]

Core Points - Tian Tie Technology announced that its controlling shareholders, Xu Kongbin and Xu Yinbin, have extended the pledge of 2.46% of the company's shares [1] - The number of shares pledged is 32 million, which represents 2.46% of the total share capital [1] - The pledge started on January 14, 2025, with the original expiration date set for October 8, 2025, now extended to April 8, 2026 [1] - The pledgee is Zhejiang Agricultural Development Microfinance Co., Ltd., and the purpose of the pledge is for personal financing [1]

Core Viewpoint - Shenzhen Aishide Co., Ltd. announced that its shareholder, Global Star Investment Management Co., Ltd., has extended the pledge of part of its shares, indicating ongoing financial management strategies and potential liquidity considerations for the company [1][2]. Group 1: Share Pledge Extension - Global Star Investment has pledged 25,900,000 shares, which accounts for 47.96% of its holdings and 2.09% of the company's total share capital [1]. - The pledge extension does not involve any guarantees for major asset restructuring or performance compensation [1]. Group 2: Pledged Shares Overview - As of the announcement date, the total pledged shares by the shareholder and its concerted actions amount to 142,920,000 shares, representing 23.43% of their holdings and 11.53% of the company's total share capital [2]. - The financing balance corresponding to the pledged shares is 380 million yuan, with an additional 510 million yuan for shares maturing within one year [2][3]. Group 3: Risk Management - The company has indicated that the pledge risk is within a controllable range, with no current risks of forced liquidation or changes in actual control [3]. - Measures such as early repurchase and additional margin deposits will be taken to mitigate potential risks [3].