Yingweike: The ultimate controller Qi Yong pledged 1.69 million shares of stock to supplement working capital.

Announced by Yingwei Technology, the actual controller Qi Yong pledged 1.69 million shares on December 4, accounting for 3.07% of the shares held by him, and 0.17% of the total share capital of the company. The pledgee is China Merchants Securities, and the purpose of the pledge is to provide loans and supplement working capital to related enterprises. The pledged shares in this transaction are restricted shares, and do not involve significant asset restructuring or performance compensation obligations. As of the disclosure date of the announcement, Qi Yong and its concerted action parties have pledged a total of 32.624033 million shares, accounting for 10.87% of the total shareholding and 3.34% of the total share capital of the company.