Yankershop Food shareholder unwinds significant stock pledge

Yankershop Food Co., Ltd. announced on October 23, 2025, that shareholder Zhang Xuewen has successfully released a pledge on 2,310,000 shares. This transaction, initiated on June 22, 2022, and concluded on October 21, 2025, represents 6.33% of his total holdings and 0.85% of the company's total share capital. The pledge was held by Beijing Bank Co., Ltd.

Following this release, Zhang Xuewen's total pledged shares now stand at 11,000,000, down from 13,310,000. This current pledge accounts for 30.13% of his personal holdings and 4.03% of the company's total share capital. Zhang Xuewen retains 21,381,434 unpledged shares, which constitute 75.00% of his remaining shares. As of September 30, 2025, the company's total share capital is 272,779,679 shares.

The company stated that Zhang Xuewen possesses sufficient repayment capacity, and the released shares do not pose any immediate risk of forced sale or transfer. This action will not alter the company's actual control, nor is it expected to impact the company's production, operations, or governance.