Shanghai Wanye shareholder unpledges significant block of shares

Shanghai Wanye Enterprises Co., Ltd. announced that its second-largest shareholder, Sanlin Wanye (Shanghai) Enterprise Group Co., Ltd., has released a portion of its pledged shares. As of October 30, 2025, Sanlin Wanye holds 63,797,921 shares, representing 6.86% of the company's total share capital. The recent action involved the unpledging of 3,000,000 shares, which constitutes 4.70% of Sanlin Wanye's total holdings and 0.32% of Shanghai Wanye's total share capital.

Following this transaction, Sanlin Wanye's total pledged shares amount to 60,360,000 shares. This figure represents 94.61% of its total holdings in Shanghai Wanye and 6.49% of the company's entire share capital. The unpledging event took place on October 30, 2025.