Yuyuan Tourist Mart: Fosun High-Tech adjusts share pledge

Shanghai Yuyuan Tourist Mart Group Co. announced on November 19, 2025, that its controlling shareholder, Shanghai Fosun High Technology (Group) Co. (Fosun High-Tech), and its concerted parties, have adjusted their share pledges. Shanghai Forte Investment Management Co., a subsidiary of Fosun High-Tech, released 22.82 million shares, representing 2.23% of its total holdings and 0.59% of the company's total share capital. Following this release and a new pledge of 20.10 million shares for a shareholder loan, Forte Investment's cumulative pledged shares now total 495.47 million, or 48.41% of its holdings and 12.73% of Yuyuan Tourist Mart's total share capital.

Overall, Fosun High-Tech and its concerted parties hold 2.41 billion shares, accounting for 61.91% of Yuyuan Tourist Mart's total share capital. After the latest adjustments, their combined cumulative pledged shares stand at 1.59 billion, representing 66.08% of their total holdings and 40.91% of the company's total share capital.

Looking ahead, 195.19 million pledged shares are set to mature within the next six months, representing 8.10% of their combined holdings and 5.01% of the company's total share capital, with a corresponding financing balance of RMB 53,478萬元. Within the next year, 418.74 million pledged shares will mature, accounting for 17.38% of their combined holdings and 10.76% of the company's total share capital, with a financing balance of RMB 93,278萬元. Fosun High-Tech asserts good credit and repayment capacity, with no adverse impact on company operations or control.