Yuyuan Tourist Mart's major shareholder adjusts share pledges

Shanghai Yuyuan Tourist Mart Group Co., Ltd. announced that its controlling shareholder, Shanghai Fosun High Technology (Group) Co., Ltd., through its subsidiary Nanjing Fuyuan Yuecheng Investment Management Co., Ltd., has adjusted its share pledges. Nanjing Fuyuan released 18,651,000 shares, representing 96.88% of its holdings and 0.48% of the company's total share capital. Following this, Nanjing Fuyuan's remaining pledged shares total 18,651,000.

Concurrently, Nanjing Fuyuan re-pledged 10,600,000 shares to Shanghai Changning Dazhong Microfinance Co., Ltd. and 8,051,000 shares to Shanghai Qingpu Dazhong Microfinance Co., Ltd., both pledges maturing on September 15, 2026. These pledges were made to repay loans.

As of the announcement date, Fosun High Technology and its concerted parties collectively hold 2,409,720,644 shares, representing 61.84% of the company's total share capital. Their cumulative pledged shares now amount to 1,511,013,885 shares, which is 62.70% of their total holdings. The total financing outstanding for pledges maturing within one year is 254,532 million yuan.