Beijing Jingyuntong controlling shareholder unpledges significant block of shares

Beijing Jingyuntong Technology Co. (SSE:601908) announced that its controlling shareholder, Beijing Jingyuntong Daxing Technology Investment Co., has released a pledge on 135 million shares. This represents 19.29% of Jingyuntong Daxing's total holdings and 5.59% of the company's total share capital. These shares were released in two tranches on November 5, 2025, and November 6, 2025.

Following this release, Jingyuntong Daxing's cumulative pledged shares now stand at 105 million, accounting for 15.00% of its holdings and 4.35% of Beijing Jingyuntong's total share capital. Previously, Jingyuntong Daxing held 700 million shares, representing 28.99% of the company's total share capital.

Combined with its consistent action party Feng Huanpei, the total pledged shares held by the controlling shareholder and its consistent action party now amount to 105 million shares, representing 9.46% of their collective total holdings of 1,109,998,668 shares.