Beijing Hualian's controlling shareholder pledges more shares

Beijing Hualian Department Store Co., Ltd. announced that its controlling shareholder, Beijing Hualian Group Investment Holdings Co., Ltd. (Hualian Group), has pledged an additional 18,000,000 shares. This transaction, executed on September 6, 2025, represents 23.33% of Hualian Group's total shareholding and 6.58% of the company's total share capital. The pledge is for production and operational needs, with Guangfa Bank Stock Co., Ltd. Beijing Shunyi Branch as the pledgee.

Following this latest transaction, Hualian Group's total pledged shares now amount to 31,710,000 shares, representing 41.10% of its total holdings in Beijing Hualian Department Store and 11.58% of the company's total share capital. Prior to this, 13,710,000 shares were already pledged. The company currently has no shares under pledge that are restricted or frozen.

Hualian Group holds a total of 77,160,943.7 shares, constituting 28.19% of Beijing Hualian Department Store's total equity. The aggregate pledged amount underscores the group's ongoing financial activities.