Pharmaron controller pledges shares, associated entity unpledges

Pharmaron Beijing announced that its de facto controller, Mr. Lou Xiaoqiang, has pledged 2,154,000 shares, representing 3.56% of his total holdings and 0.12% of the company's total share capital. The pledge, for financing purposes, is effective from October 30, 2025, to October 30, 2026, with China Securities Co. as the pledgee. The company confirmed that these pledged shares do not pose a risk to its operations or governance.

Concurrently, Ningbo Longtaikang Investment Management Co. (Longtaikang), a party acting in concert with Mr. Lou Xiaoqiang, released pledged shares. This activity reflects a dynamic in the shareholdings of the company's key stakeholders.

As of the announcement date, Mr. Lou Xiaoqiang's post-pledge total pledged shares stand at 25,504,000, accounting for 42.13% of his holdings and 1.43% of the company's total share capital. Longtaikang's post-release pledged shares are 13,450,000, representing 33.51% of its holdings and 0.76% of the company's total share capital. The company's de facto controller and parties acting in concert have 55,754,000 pledged shares in total, which is 17.25% of their combined holdings and 3.14% of the company's total share capital.