Boji Medical's controlling shareholder unpledges significant stake

Guangzhou Boji Medical & Biotechnological Co., Ltd. announced that its controlling shareholder, Wang Tingchun, has unpledged 19,000,000 shares of the company. These shares represent 16.86% of his total holdings and 4.93% of the company's total share capital. The pledge was initiated on November 20, 2023, and released on December 19, 2025.

Following this transaction, Wang Tingchun and his concerted parties no longer have any pledged shares. Wang Tingchun holds 112,724,570 shares, accounting for 29.22% of the company's total equity, with 89,005,777 shares (78.96%) currently unrestricted. Zhao Lingli, a concerted party, holds 19,219,620 shares, representing 4.98% of total equity, with 14,414,715 shares (75.00%) unrestricted.

The company stated that this unpledging event will not impact its operations or corporate governance. It also confirmed that none of the shares held by Wang Tingchun or his concerted parties are currently frozen or subject to auction. The company commits to continuously monitor the share pledging situation and fulfill its disclosure obligations.