Yusys Technologies' controlling shareholder unpledges significant shares

Beijing Yusys Technologies Group Co., Ltd. (stock code: 300674) disclosed today that its controlling shareholder, Zhuhai Yuqin Hongtai Venture Capital Group Co., Ltd., has unpledged 6,550,000 shares. This amount represents 3.85% of Yuqin Hongtai's total holding and 0.93% of the company's total share capital. The unpledging occurred between February 17, 2025, and September 5, 2025, with China Zheshang Securities (Shanghai) Asset Management Co., Ltd. acting as the pledgee.

Following this transaction, Yuqin Hongtai's total pledged shares stand at 4,920,000, which accounts for 2.89% of its total holdings and 0.70% of the company's total share capital. All currently pledged shares are not subject to any pre-sale restrictions or freezing, with the proportion of pre-sale restricted and frozen pledged shares remaining at 0.00%.

The company assures that this unpledging event will not impact its daily operations or corporate governance, and there is no current risk of forced liquidation or transfer of the pledged shares. Yusys Technologies will continue to monitor the pledging situation and associated risks, ensuring timely information disclosure to investors.