Shuangqiang Technology's controlling shareholder pledges 2.53 million shares, with the total pledged ratio reaching 17.26%

Double Gun Technology Co., Ltd. (Stock code: 001211, Stock abbreviation: Double Gun Technology) announced on April 1, 2026 that its controlling shareholder, Zhejiang Tianqian Supply Chain Development Co., Ltd. (hereinafter referred to as “Zhejiang Tianqian”), has completed the pledge registration for part of the company’s shares it holds. The pledged number is 2.53 million shares, accounting for 3.51% of the company’s total share capital.

The announcement shows that the pledgee of this share pledge is Nanjing Securities Co., Ltd. The pledge start date is March 30, 2026, and the maturity date is March 30, 2027. The purpose of the pledge is business needs. The pledged shares are shares with no sales restrictions and tradable shares, and they are not burdened with performance compensation obligations such as major asset restructuring.

As of the disclosure date of the announcement, the share pledge situation of the controlling shareholder Zhejiang Tianqian and its persons acting in concert Zheng Chenglie and Ye Lirong is as follows:

The announcement also states that this share pledge is not used to meet needs related to the production and operation of the listed company. The controlling shareholder and its persons acting in concert have corresponding capacity to repay funds, and the repayment funds are sourced from self-owned funds, investment returns, and liquidation of investment projects. In addition, the controlling shareholder and its persons acting in concert have no situations such as non-operating fund occupation or illegal guarantees that would harm the interests of the listed company. This share pledge will not have an impact on the company’s production and operation, corporate governance, or the fulfillment of performance compensation obligations. As of the disclosure date of this announcement, the shares held by the company’s shareholders and their persons acting in concert have no risk of forced liquidation or risk of being forcibly transferred.

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