Fosun Pharma: Major shareholder pledges more shares

Shanghai Fosun Pharmaceutical Group (SSE:600196) announced that its controlling shareholder, Fosun High Technology, has pledged 30 million A-shares, representing 1.12% of the company's total shares. Following this transaction, Fosun High Technology's total pledged shares in Fosun Pharma have risen to 678.3 million A-shares, accounting for 25.39% of the total share capital as of February 24, 2025. Including shares held by related parties, the total pledged shares represent 70.09% of their holdings. Fosun High Technology intends to use funds raised from share pledge to repay its debts. The company stated that the share pledge will not affect its operations or control structure.