Core Viewpoint - The announcement indicates that the controlling shareholder, Zhou's Investment, has released the pledge on 18.5 million shares, which represents 3.04% of its holdings and 1.70% of the company's total share capital [1] Group 1 - Zhou's Investment will have the pledge released starting from May 6, 2024, until December 22, 2025, with China Galaxy Securities as the pledgee [1] - As of the announcement date, Zhou's Investment and its concerted parties have a total of 32.78 million shares pledged, accounting for 4.72% of their holdings and 3.02% of the company's total share capital [1] - The release of the pledge will not affect the company's operations or governance, and there are no risks of forced liquidation or changes in control [1]