Yonyou Network's controlling shareholder unpledges significant shareholding

Beijing Yonyou Technology, the controlling shareholder of Yonyou Network Technology, has unpledged 75,000,000 shares of the company, effective November 11, 2025. This release follows a previous pledge of these shares to Yunnan International Trust Co., Ltd., which was disclosed on November 12, 2024. Prior to this transaction, Beijing Yonyou Technology held 921,161,630 shares, representing 26.96% of the company's total share capital.

Following the unpledge, Beijing Yonyou Technology's cumulative pledged shares now stand at 370,220,000, accounting for 40.19% of its total holdings and 10.83% of Yonyou Network's total share capital. The company confirmed that these unpledged shares may be used for subsequent pledges based on funding needs, and any future pledge activities will be disclosed promptly.

As of November 11, 2025, Beijing Yonyou Technology and its concerted parties collectively hold 1,421,079,511 shares, or 41.59% of Yonyou Network's total share capital. After this unpledge, their combined pledged shares total 446,720,000, representing 31.44% of their collective holdings and 13.07% of the company's total share capital. The controlling shareholder has affirmed there is no immediate risk of a forced liquidation of shares, and the company's actual control will not change.