Yonyou Network's controlling shareholder adjusts share pledges

Beijing Yonyou Technology Co. Ltd., the controlling shareholder of Yonyou Network Technology, recently pledged an additional 22.41m unrestricted shares. These shares were pledged to Hangzhou Industrial and Commercial Trust Co. Ltd. on December 12, 2025, to repay debt. This transaction represents 2.43% of Beijing Yonyou Technology's holdings and 0.66% of Yonyou Network's total share capital.

Concurrently, Beijing Yonyou Technology released 60m previously pledged unrestricted shares on December 12, 2025. These shares, previously pledged to China Everbright Bank Corporation Beijing Media Village Branch, accounted for 6.51% of Beijing Yonyou Technology's holdings and 1.76% of Yonyou Network's total share capital.

Following these transactions, Beijing Yonyou Technology's cumulative pledged shares now total 345.13m, representing 37.47% of its holdings and 10.10% of Yonyou Network's total share capital. Including all consistent acting parties, the total cumulative pledged shares stand at 421.63m, which is 29.67% of their combined holdings and 12.34% of Yonyou Network's total share capital. The company asserts that the pledge risk is controllable, and it has the financial capacity to meet its obligations.