Sunflower Great Health controlling shareholder pledges shares

Zhejiang Sunflower Great Health Technology Co., Ltd. (SZSE:300111) has reported that its controlling shareholder, Mr. Wu Jianlong, has pledged 20,000,000 shares. This transaction represents 5.40% of his total holdings and 1.55% of the company's total share capital. The pledge, initiated on August 25, 2025, extends until the completion of the pledge release registration process, with the China Agricultural Bank Corporation, Shaoxing Yuezhong Sub-branch, serving as the pledgee. The purpose of this share pledge is stated as for his own production and operational needs.

The company confirmed that the financing from this share pledge is not intended for its operational activities, nor does it involve any asset restructuring or performance compensation obligations. Furthermore, Mr. Wu Jianlong and his related parties are not involved in any non-operating fund occupation or illegal guarantees that infringe upon the company's interests.

As of the announcement date, Mr. Wu Jianlong and his concerted parties hold a total of 370,630,131 shares, representing 28.79% of the company's share capital. Following this latest pledge, their cumulative pledged shares amount to 280,000,000 shares, which constitutes 75.55% of their total holdings and 21.75% of the company's total share capital. The company stated that this pledge is not expected to materially affect its operations or governance, and it will continue to monitor the situation.