Core Viewpoint - Shenzhen Jinyi Technology Co., Ltd. has received notification from its controlling shareholder, Shenzhen Minxing Electronics Co., Ltd., regarding the extension of share pledge repurchase business for part of its shares [1]. Group 1: Share Pledge Details - The controlling shareholder has pledged 6,670,000 shares, which accounts for 21.79% of its total holdings and 3.71% of the company's total shares [1]. - The purpose of the pledge is to meet capital needs, and the pledge will be due on July 23 [1]. - As of the announcement date, the cumulative pledged shares by Minxing Electronics and its concerted parties account for 41.08% of their total holdings and 8.62% of the company's total share capital [3]. Group 2: Risk Management and Company Impact - The company has provided sufficient risk warnings to shareholders regarding the high proportion of pledged shares, indicating that if the stock price falls to the warning line, shareholders will take measures to avoid forced liquidation of pledged shares [3]. - The share pledge extension will not lead to a change in the actual control of the company [3].