BOIN controlling shareholders adjust share pledges, extend deadlines

Beijing Business-Intelligence of Oriental Nations Corporation (BOIN) announced that its controlling shareholders, Mr. Guan Lianping and Mr. Huo Weiping, have partially released pledged shares and extended the repurchase period for other pledged shares. Mr. Huo Weiping released 6.89 million pledged shares, representing 0.61% of the company's total share capital, with China Galaxy Securities Co. as the pledgee. The release date for these shares is October 31, 2025.

Additionally, Mr. Guan Lianping extended the repurchase period for two tranches of pledged shares totaling 19.82 million shares, representing 1.74% of the company's total share capital. The original pledge due date was April 9, 2025, and the new extended due date is October 26, 2026. The pledgee for these extended shares is Guohai Securities Co., and the purpose of the pledge is financing.

As of the announcement date, Mr. Guan Lianping holds 160.88 million shares, with 41.75 million shares (25.95% of his holdings) currently pledged. Mr. Huo Weiping holds 113.08 million shares, with 25.45 million shares (22.51% of his holdings) currently pledged. The company stated there is no risk of forced liquidation for the pledged shares, and these adjustments do not impact BOIN's operations, governance, or performance compensation obligations.