Shandong Yisheng controlling shareholder adjusts share pledge status

Shandong Yisheng Livestock & Poultry Breeding Co., Ltd. announced that its controlling shareholder and actual controller, Mr. Cao Jisheng, has executed new share pledge and release transactions. On November 5, 2025, Mr. Cao pledged 25,700,000 shares, representing 5.69% of his total holding and 2.32% of the company's total share capital. This pledge, set to mature on November 5, 2026, was made to Caitong Securities Co., Ltd. for the purpose of replacing prior pledged financing.

Concurrently, Mr. Cao Jisheng released a pledge of 28,200,000 shares on November 6, 2025, which constituted 6.24% of his total holding and 2.55% of the company's total share capital. This previous pledge had been initiated on September 4, 2024, also with Caitong Securities Co., Ltd. Following these transactions, Mr. Cao's cumulative pledged shares amount to 191,610,000, representing 42.43% of his total holdings and 17.32% of the company's total share capital.

The company stated that Mr. Cao Jisheng possesses the necessary repayment capacity, and there is no immediate risk of forced liquidation or transfer of the pledged shares. The pledge activities are not expected to alter the company's control, operations, or governance. Shandong Yisheng will continue to monitor the pledge status and associated risks.