Guangdong Yuehai Feeds' controlling shareholder releases pledged shares

Guangdong Yuehai Feeds Group Co., Ltd. has announced that its controlling shareholder, Zhanjiang Shrimp Feed Co., Ltd. ("Shrimp Company"), has released pledges on 14,390,000 shares. This represents 5.44% of the total shares held by Shrimp Company and 2.06% of the company's total share capital. The individual releases involved three separate transactions, all previously pledged to Guojin Securities Co., Ltd., with the latest release occurring on August 27, 2025.

Following these releases, Shrimp Company's cumulative pledged shares now stand at 86,500,000 shares, representing 32.69% of its total holdings and 12.36% of Guangdong Yuehai Feeds' total share capital. All of these pledged shares are restricted or marked. The remaining unpledged and unrestricted shares held by Shrimp Company total 178,112,000.

The company stated that this release of pledged shares will not affect its production and operations or corporate governance, and has not led to any change in the actual control of the company. Guangdong Yuehai Feeds emphasized that the controlling shareholder and its concerted parties have good credit standing and repayment capabilities, with no immediate liquidation risk.