Xingyun Technology announced that recently, Yunyong International, the controlling shareholder of the company, pledged 4.8851 million shares to Bank of Beijing Co., Ltd. Changsha Branch, accounting for 100% of its shares and 0.53% of the company's total share capital. The purpose of the pledge was financing guarantee. As of the announcement date, the controlling shareholders and their co-actors have pledged a total of 16.8851 million shares, accounting for 1.82% of the company's total share capital. The pledged shares mentioned above have no performance compensation obligations such as major asset restructuring, etc., and the risk is manageable, and will not lead to a change in the company's actual control.

Xingyun Technology announced that recently, Yunyong International, the controlling shareholder of the company, pledged 4.8851 million shares to Bank of Beijing Co., Ltd. Changsha Branch, accounting for 100% of its shares and 0.53% of the company's total share capital. The purpose of the pledge was financing guarantee. As of the announcement date, the controlling shareholders and their co-actors have pledged a total of 16.8851 million shares, accounting for 1.82% of the company's total share capital. The pledged shares mentioned above have no performance compensation obligations such as major asset restructuring, etc., and the risk is manageable, and will not lead to a change in the company's actual control.