LUYAN PHARMA: The controlling shareholder has released the pledge on 22.5238 million shares

LUYAN PHARMA announced that recently the company's controlling shareholder, Medicon, has completed the release of part of the pledged shares it holds in the company. The number of shares released from pledge is 22.5238 million shares, accounting for 16.32% of its held shares and 5.80% of the company's total share capital. The start date is November 2, 2020, and the release date is October 31, 2025. The pledgee is Industrial and Commercial Bank of China, Xiamen Heshan Branch. As of the announcement date, Medicon and its concerted parties have pledged a total of 0 shares of the company