[Yue Wannianqing: Qiaoyin Real Estate pledges 1.2 million shares] Yue Wannianqing announced that Qiaoyin Real Estate, the controlling shareholder and actual controller's concerted action party, has pledged 1.2 million shares of the company it holds, accounting for 10.00% of its shares and 0.75% of the company's total share capital. The pledge starts on May 19, 2025, and the pledgee is the Shantou Branch of Industrial Bank Co., Ltd. The purpose of the pledge is its own production and operation. As of the date of the announcement, Qiaoyin Real Estate and its concerted action parties have pledged a total of 1.2 million shares, accounting for 1.34% of their shares and 0.75% of the company's total share capital.
