Yue Wannianqing Holdings' concerted actors have completed the release and re-pledge of 1.2 million shares.

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Guangdong Wannianqing Pharmaceutical Co., Ltd. (Stock code: 301111, Stock abbreviation: Yue Wannianqing) announced on March 31, 2026, that the company’s controlling shareholder and one of the actual controllers, Guangdong Qiaoyin Real Estate Development Co., Ltd. (hereinafter referred to as “Qiaoyin Real Estate”), has completed partial share pledge releases and re-pledge operations. The involved shares are 1.2 million shares each, accounting for 0.75% of the company’s total share capital.

The announcement shows that Qiaoyin Real Estate released the pledge of 1.2 million shares to Industrial Bank Co., Ltd. Shantou Branch on May 19, 2025, on March 26, 2026, and these shares represent 11.54% of its total holdings. Subsequently, on March 30, 2026, Qiaoyin Real Estate pledged the same number of shares again to the same pledgee, with the purpose of its own production and operation. The pledge start date is March 30, 2026, and the maturity date is the date when the pledgee releases the pledge registration.

As of the disclosure date, the pledge status of shares held by Qiaoyin Real Estate and its concerted action partner Guangdong Jinyou Health Technology Co., Ltd. is as follows:

The announcement emphasizes that the proportion of pledged shares held by the company’s controlling shareholder, actual controller, and their concerted action parties does not exceed 50% of their holdings in the company. Currently, there is no risk of margin calls or forced liquidation, and it will not have a substantial impact on the company’s production, operation, or governance. If related risks arise in the future, the controlling shareholder and its concerted action parties will take measures such as additional pledges or early repayment to ensure shareholding stability.

Yue Wannianqing stated that it will continue to monitor the pledge status of the controlling shareholder and its concerted action parties, and will fulfill information disclosure obligations in a timely manner as required. Investors are advised to pay attention to investment risks.

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Editor: Xiao Lang Express