山东惠发食品股份有限公司关于控股股东部分股份质押的公告

Group 1 - The controlling shareholder, Shandong Huifa Investment Co., Ltd., holds 69,507,573 shares of Huifa Food, accounting for 28.68% of the total share capital. After the recent pledge, the total pledged shares amount to 50,700,000, which is 72.94% of its holdings and 20.92% of the total share capital [1][2] - Huifa Investment and its concerted actors, Huizengyu and Huixiping, collectively hold 136,687,507 shares, representing 56.39% of the total share capital. The total pledged shares for them are also 50,700,000, which is 37.09% of their total holdings and 20.92% of the total share capital [1][2] Group 2 - On November 5, 2025, Huifa Investment pledged 15,700,000 unrestricted circulating shares, with all related procedures completed at the China Securities Depository and Clearing Corporation [2] - As of the announcement date, Huifa Investment has no pledged shares maturing within the next six months. A previous pledge of 35,000,000 shares will mature within the next year, which is 50.35% of its holdings and 14.44% of the total share capital [3] - The controlling shareholder's financial condition is stable, and there are no repayment risks as they plan to repay through operational income, investment returns, asset disposals, and bank loans [3] Group 3 - The pledge of shares does not pose any significant impact on the company's main business, financing credit, or operational capabilities [5] - The pledge will not adversely affect the company's governance or daily management, nor will it lead to a change in actual control of the company [5] - There are no performance compensation obligations that the controlling shareholder needs to fulfill [6]