Yunnan Energy shareholder pledges more equity

Yunnan Energy New Material Co. announced that YuXi HeYi Investment Co., a shareholder holding over 5% of the company's shares, has pledged an additional 2 million shares. This transaction represents 1.67% of YuXi HeYi's total holding and 0.20% of the company's total share capital. The pledge, effective December 23, 2025, is for personal funding needs, with the counterparty being Guotai Haitong Securities Co.

Following this latest transaction, YuXi HeYi Investment, along with its concerted parties, has a total of 197,666,354 pledged shares. This accounts for 64.43% of YuXi HeYi's total holding and 7.84% of Yunnan Energy's total share capital. The company asserts that YuXi HeYi maintains a strong credit profile and the pledges do not pose an immediate risk of liquidation, nor will they alter the company's control or operations.

The company's board stated that operations remain normal, and the concerted parties are confident in the company's development. Should a liquidation risk arise, measures such as additional pledges or early repurchase of pledged shares would be implemented to mitigate the risk.