Jinhe Biotechnology: Announcement on the Release of Pledge of Part of the Controlling Shareholders’ Shares
Securities code: 002688 Securities abbreviation: Jinhe Biotechnology Announcement number: 2025-083
Jinhe Biotechnology Co., Ltd.
Announcement on the Release of Pledge of Part of the Controlling Shareholders’ Shares
The company and all members of the board of directors guarantee that the contents of the announcement are true, accurate and complete, and will not
Liability for false records, misleading statements or major omissions.
Jinhe Biotechnology Co., Ltd. (hereinafter referred to as the "Company") recently received a letter from its controlling shareholder Inner Mongolia
Notice from Gujinhe Holdings Co., Ltd. (hereinafter referred to as "Jinhe Holdings") that it was learned that the shares held by Jinhe Holdings
Some of the company's shares were released from pledge. The specific matters are as follows:
1. Basic information on the release of pledge of shareholders’ shares
- Basic information on the release of pledge of shares this time
Is it a controlling shareholder? This time it will be dissolved and it will occupy its share of the company.
Pledge
Name of shareholder or largest shareholder and pledged shares Total share capital Pledge start date Pledgee
except date
Number of persons acting in concert (shares) Ratio Ratio
West China Securities 24,640,000 11.24% 3.19% June 24, 2024
2025
Jinhe Holdings is Co., Ltd.
September 5
8,411,000 3.84% 1.09% June 26, 2024
Total Company — 33,051,000 15.08% 4.28% — — —
- Accumulated pledge of shareholders’ shares
As of the announcement date, the controlling shareholder Jinhe Holdings and its persons acting in concert, Lu Mudan, Wang Zhijun, Lu Man
The pledged shares held by Man and Wang Xiaoying are as follows:
Pledged shares Unpledged shares account for their share of the company Situation Situation
Number of shares held Shareholding Cumulative pledge
Pledged Occupied Unpledged Occupied Name of shareholder Shares held Total share capital
Share limit pledge Share limit pledge (shares) Ratio Quantity (shares)
Ratio Ratio Shares sold and frozen Number of shares sold and frozen Ratio Number of shares sold Ratio Jinhe Holdings 219,195,570 28.41% 107,190,000 48.90% 13.89% 0 0 0 0 Road Mudan 25,964,401 3.36% 0 0 0 0 0 0 0Wang Zhijun 2,318,931 0.30% 0 0 0 0 0 0 0Long Road 7,599,645 0.98% 0 0 0 0 0 0 0Wang Xiaoying 1,102,405 0.14% 0 0 0 0 0 0 0Total 256,180,952 33.20% 107,190,000 41.84% 13.89% 0 0 0 0 Note: The total in the above table does not match the sum of each sub-item, which is due to rounding.
As of the disclosure date of this announcement, the controlling shareholder Jinhe Holdings has pledged a total of 107,190,000 shares of the company, accounting for 48.90% of its shares; the controlling shareholder Jinhe Holdings and its persons acting in concert have pledged a total of 107,190,000 shares of the company, accounting for 41.84% of its shares. There is no risk of liquidation, and there is no situation that will have any impact on the production and operation, corporate governance, fulfillment of performance compensation obligations, etc. of the listed company. The company will continue to pay attention to its pledge and pledge risks, and promptly disclose information in accordance with regulations.
2. Documents for reference
China Securities Depository and Clearing Co., Ltd. share freeze details
Cancellation of securities pledge registration certificate
Announcement is hereby made.
Board of Directors of Jinhe Biotechnology Co., Ltd.
September 8, 2025