Nantian Software's Controlling Shareholder Wu Zhixiong Releases 15.39 Million Shares from Pledge; Pledge Ratio Decreases to 66.48%

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South威 Software Co., Ltd. (Stock code: 603636, referred to as “South威 Software”) announced on March 17 that the company’s controlling shareholder, Mr. Wu Zhixiong, recently completed the release of part of his pledged shares, involving 15.39 million shares, accounting for 7.95% of his total holdings and 2.65% of the company’s total share capital. After this release, Wu Zhixiong’s total pledged shares decreased to 128.7 million, further optimizing the pledge ratio.

The announcement shows that on March 16, 2026, Wu Zhixiong, at China Securities Depository and Clearing Co., Ltd.,解除质押 of 15.39 million shares out of the 28 million shares pledged to Guotai Haitong Securities on March 31, 2023. As of the announcement date, Wu Zhixiong holds 193.6 million unrestricted circulating shares, accounting for 33.36% of the total share capital. After this release, the total pledged shares he holds is 128.7 million, with the pledge ratio of his holdings decreasing from 74.43% before the release to 66.48%, and the proportion of the company’s total share capital from 24.83% to 22.18%.

The announcement also discloses that Wu Zhixiong and his concerted action partner, Ms. Xu Chunmei, collectively hold 193.6 million shares, accounting for 33.36% of the total share capital. Among them, Xu Chunmei holds 10,398 shares and has not pledged any shares. After this release, the total pledged shares of the two remain at 128.7 million, accounting for 66.48% of their combined holdings and 22.18% of the company’s total share capital. The company emphasizes that there is currently no margin call risk for the controlling shareholder’s pledged shares, and this will not lead to a change in the company’s actual control. Additionally, there are no subsequent pledge plans for the released shares.

South威 Software states that it will continue to monitor the pledge status of the controlling shareholder and its concerted action partners, and strictly fulfill information disclosure obligations in accordance with relevant regulations. Investors are advised to pay attention to the company’s subsequent announcements and be aware of investment risks.

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Editor: Xiao Lang Kuai Bao