YABAO PHARM.CORP's controlling shareholder pledged 11.45 million shares to repay debts

YABAO PHARM.CORP announced that on the 26th, it received a notice regarding the stock pledge repurchase transaction from its controlling shareholder, YABAO Investment. On September 25th, YABAO Investment pledged 11.45 million shares to Guotai Junan Securities, accounting for 12.14% of its holdings and 1.64% of the company's total share capital, with a pledge period until September 25, 2026. The funds are intended for debt repayment. As of the announcement date, YABAO Investment holds 94.3 million shares of the company, accounting for 13.47% of the total share capital, with a cumulative pledge of 38.6 million shares, accounting for 40.93% of its holdings and 5.51% of the company's total share capital. The company will closely monitor the pledge matters and disclose information in accordance with regulations