Yonker's controlling shareholder pledged 6 million shares, accounting for 1.99%

Yonker announced that its controlling shareholder, Yonker Group, pledged 6 million shares on September 25, accounting for 1.99% of its holdings and 0.93% of the company's total share capital. The reason for the pledge is for its own production and operation, with the pledgee being Shanghai Pudong Development Bank Changsha Branch. As of the announcement date, Yonker Group has cumulatively pledged 298 million shares, accounting for 98.65% of its holdings. The cumulative pledged shares by the controlling shareholder, actual controller, and their concerted parties account for 91.21% of the total holdings. In the next six months and one year, the financing balances corresponding to the pledged shares maturing for Yonker Group are 544 million and 644 million yuan, respectively. It has the ability to repay the funds, and currently, there is no risk of forced liquidation of the pledged shares, which has no substantial impact on the company's operations