Yonyou Network's controlling shareholder increases share pledge

Beijing Yonyou Technology, controlling shareholder of Yonyou Network Technology, pledged an additional 10 million unrestricted shares on September 25, 2025. This transaction was registered on September 26, 2025.

Following this supplemental pledge, Beijing Yonyou Technology's total pledged shares amount to 330.5 million, representing 35.88% of its total holdings and 9.67% of Yonyou Network's total share capital.

As of September 26, 2025, Beijing Yonyou Technology and its affiliates collectively hold 1.421 billion shares, accounting for 41.59% of Yonyou Network's total share capital. Their combined pledged shares now total 407 million, which is 28.64% of their collective holdings and 11.91% of Yonyou Network's total share capital.

The company asserts that this supplemental pledge does not involve new financing and the pledge risk is manageable, with no anticipated change in actual control. The funds are for financing purposes.

Beijing Yonyou Technology maintains good credit and sufficient repayment capacity, with future repayment sources including operating income, operating profit, and investment income. In the event of a margin call, Beijing Yonyou Technology plans to take measures such as pledging additional shares or early repurchases to prevent forced liquidation.