Yuyuan Group: Controlling shareholder and concerted action person pledge 60.74 million shares.

date
27/05/2026
Yu Garden Corporation announced on May 27, 2026, that the company received a notification letter from its controlling shareholder, Fosun High Technology, informing that its concerted party, Fudi Investment, pledged 60.74 million shares on May 26, accounting for 5.94% of its holdings and 1.56% of the company's total share capital, for the purpose of repaying loans from financial institutions. As of the disclosure date of the announcement, Fosun High Technology and its concerted party have pledged a total of 1.862 billion shares, accounting for 77.27% of their holdings and 47.85% of the company's total share capital. The corresponding financing balance for the pledged shares due in the next six months and one year is 491 million yuan and 2.584 billion yuan, respectively, and the pledge risks are controllable.