Yonyou Network controlling shareholder pledges more shares

Beijing Yonyou Technology, the controlling shareholder of Yonyou Network Technology Co., Ltd., has pledged an additional 12.5 million shares. These shares were pledged to Fujian Baiying Financing Guarantee Co. on Dec. 1, 2025, with registration completed the following day. This transaction increases Beijing Yonyou Technology's total cumulative pledged shares to 382.72 million, representing 41.55% of its total holdings and 11.20% of Yonyou Network's total share capital. The purpose of this financing is for debt repayment.

As of Dec. 3, 2025, Beijing Yonyou Technology and its concerted parties collectively hold 1.42 billion shares, accounting for 41.59% of Yonyou Network's total share capital. Following this pledge, the total cumulative pledged shares by these parties amount to 459.22 million, which is 32.31% of their collective holdings and 13.44% of the company's total share capital.

The company stated that Beijing Yonyou Technology maintains good credit standing and has sufficient repayment capabilities, with future repayment sources including operating revenue, operating profit, and investment income. The current pledge is within a controllable risk range and is not expected to alter the company's actual control. Should any liquidation risk arise, Beijing Yonyou Technology will take measures such as pledging additional shares or early repurchase to prevent liquidation.