Sai Micro Electronics chairman adjusts share pledges for debt refinancing

As of October 22, 2025, Beijing Sai Micro Electronics' controlling shareholder, Yang Yunchun, holds 179,076,719 shares, representing 24.46% of the company's total share capital. Of these, 79,280,000 shares are currently pledged, accounting for 44.27% of his holdings and 10.83% of the company's total share capital.

Yang Yunchun pledged an additional 6,150,000 shares, representing 3.43% of his holdings and 0.84% of total share capital, for debt refinancing purposes, with a maturity date of October 20, 2026. Concurrently, Yang Yunchun repurchased 7,280,000 previously pledged shares, which constituted 4.07% of his holdings and 0.99% of total share capital. These shares were originally pledged to Guotai Haitong Securities, with the repurchases occurring on October 21, 2025.

The company stated that there is no risk of forced liquidation or transfer of the pledged shares and committed to disclosing any future changes in the pledge status. There are no other frozen or auctioned shares belonging to the controlling shareholder.