宋城演艺：控股股东宋城集团累计质押公司股份3.49亿股

Group 1 - The core point of the article is that Songcheng Performance has announced the release and re-pledging of shares held by its controlling shareholder, Songcheng Group, which has significant implications for the company's financial structure and shareholder equity [1] - As of the announcement date, Songcheng Group holds approximately 725 million shares of the company, accounting for 27.62% of the total shares, with 349 million shares pledged, representing 48.15% of its holdings and 13.3% of the total shares [1] - The total shares held by Songcheng Group and its concerted parties amount to approximately 1.071 billion shares, with 349 million shares pledged, which is 32.58% of their total holdings and 13.3% of the total shares [1] Group 2 - For the first half of 2025, Songcheng Performance's revenue composition is as follows: the live performance sector accounts for 78.58%, the tourism service sector accounts for 17.26%, and other businesses account for 4.17% [1] - The current market capitalization of Songcheng Performance is 20.9 billion yuan [2]