Group 1 - The controlling shareholder of Baiao Chemical, Dalian Tongyun Investment Co., Ltd., holds approximately 212 million shares, accounting for 29.96% of the total share capital of the company [1] - As of the announcement date, Tongyun Investment has pledged 43 million shares, which represents 20.32% of its total holdings and 6.09% of the company's total share capital [1] - For the first half of 2025, Baiao Chemical's revenue composition is as follows: 55.19% from the chemical raw materials and chemical products manufacturing sector, and 44.81% from the semiconductor business [1] Group 2 - Baiao Chemical's market capitalization is currently 17.4 billion yuan [1]