Vanjee Technology's controlling shareholder adjusts share pledges

Beijing Vanjee Technology Co., Ltd. announced that its controlling shareholder and actual controller, Zhai Jun, recently executed new share pledge and release operations. Zhai pledged a total of 8.65m shares, representing 9.89% of his total holdings and 4.06% of the company's total share capital. These new pledges were made to Quanzhou Huixin Microcredit Co., Ltd. and Haining Hongfeng Microcredit Co., Ltd. for financing, with pledge dates commencing September 17, 2025.

Concurrently, Zhai Jun released a pledge of 5.19m shares, which constituted 5.94% of his holdings and 2.44% of Vanjee Technology's total share capital. This release, from Zhejiang Pawn Shop Co., Ltd., was initiated on July 30, 2025, and concluded on September 18, 2025. Following these transactions, Zhai Jun and his consistent parties hold 31.28m pledged shares, representing 35.77% of their total holdings and 14.68% of the company's total share capital.

The company stated that there is currently no risk of forced liquidation for the pledged shares, and these activities do not alter the actual control of the company.