Zheng Quan Zhi Xing·2025-05-22 10:21Core Viewpoint - The announcement details the pledge of shares by the controlling shareholder, Fosun High Technology, which has pledged a total of 711,300,000 shares, accounting for approximately 26.63% of the company's total shares as of May 21, 2025 [1][4]. Summary by Sections Share Pledge Overview - As of May 21, 2025, Fosun High Technology holds 35.99% of the company's total shares, with the pledged shares representing 26.63% of the total shares [1][4]. - The total number of shares held by Fosun High Technology and its concerted actions is 967,812,180 shares, of which 890,278,680 are A shares [1][4]. Details of the Pledge - The pledged shares amount to 30,000,000 A shares, which is 1.12% of the total shares, and the funds from this pledge are intended for debt repayment [1][4]. - The pledge does not involve any major asset restructuring or performance compensation guarantees [1][4]. Cumulative Pledge Situation - As of May 21, 2025, the cumulative pledged shares by Fosun High Technology and its concerted actions total 711,300,000 shares, which is 73.50% of their total holdings [1][4]. - Approximately 47,234,250 shares are expected to mature within the next year, representing 48.81% of the pledged shares and about 17.68% of the company's total shares [1][4]. Financial Health and Management - The controlling shareholder's operations are reported to be normal, with sufficient funds for repayment sourced from various means, including bond issuance and investment returns [1][4]. - The company will closely monitor the progress of the share pledges and fulfill its disclosure obligations as required by law and regulations [1][4].