Yonyou’s controlling shareholder pledges more shares

Beijing Yonyou Technology, the controlling shareholder of Yonyou Network Technology, has pledged an additional 126,000,000 shares. This includes 70,000,000 unrestricted shares pledged to Nanjing Bank Co., Ltd. Beijing Branch on October 22, 2025, and 56,000,000 unrestricted shares pledged to Yantai Huazhou Investment Center (Limited Partnership) on October 23, 2025. Following these transactions, Beijing Yonyou Technology's cumulative pledged shares now total 456,500,000, representing 49.56% of its holdings and 13.36% of the company's total share capital.

As of October 24, 2025, Beijing Yonyou Technology and its concert parties collectively hold 1,421,079,511 shares, or 41.59% of Yonyou Network Technology's total share capital. The total cumulative pledged shares by Beijing Yonyou Technology and its concert parties have risen to 533,000,000 shares, accounting for 37.51% of their combined holdings and 15.60% of the company's total share capital. The pledges are primarily for debt repayment and do not involve new financing.

Beijing Yonyou Technology states that it maintains good credit standing and sufficient repayment capacity, drawing primarily from operating income, operating profit, and investment income. The company assures that the current pledges do not involve new financing arrangements, and the associated risks are controllable, with no anticipated change in actual control. Should a margin call risk arise, measures such as additional share pledges or early repurchases would be implemented.