Beijing Jingyuntong's controlling shareholder pledges more shares for operational support

Beijing Jingyuntong Technology Co., Ltd. announced its controlling shareholder, Beijing Jingyuntong Daxing Technology Investment Co., Ltd., pledged an additional 70 million shares of the company on November 12, 2025. This latest pledge, representing 2.90% of the company's total share capital and 10.00% of Jingyuntong Daxing's holdings, was made to Wuxi United Financing Guarantee Co., Ltd. and is intended to support the operations of the listed company or its subsidiaries.

Following this transaction, Jingyuntong Daxing's cumulative pledged shares now total 175 million, accounting for 25.00% of its holdings and 7.25% of the company's total share capital. The pledged shares are not restricted shares and are not being used for any performance compensation or other guarantee purposes related to major asset restructurings.

The company committed to disclosing any significant changes related to these pledges as required by regulations.