HYDSOFT's controlling shareholder and concerted parties partially released and pledged shares

HYDSOFT recently announced that its controlling shareholder, Shenhui Holdings, lifted the pledge of 2 million shares on September 9, accounting for 2.34% of its holdings and 0.50% of the total share capital; its concerted party, Huibo Chuangzhan, pledged 5.35 million shares of the initial public offering restricted shares on September 10, accounting for 8.92% of its holdings and 1.32% of the total share capital, for operational needs. As of the announcement date, the relevant shareholders and their concerted parties had cumulatively pledged 23.5 million shares, accounting for 5.82% of the company's total share capital. Shenhui Holdings and Huibo Chuangzhan have good creditworthiness, and the pledge risk is controllable, which does not affect the actual control of the company. The company will continue to disclose relevant information