HAU Pharm: The controlling shareholder pledged 256 million shares, with a cumulative pledge ratio of 66.47%.

Hainan Haiyao Co., Ltd. announced that its controlling shareholder, Hainan Haiyao Group, has registered a pledge of 256 million shares of the company, representing 21.82% of its holdings and 10.16% of the total share capital. As of the completion of this pledge, Hainan Haiyao Group has pledged a total of 780 million shares, representing 66.47% of its total holdings and 30.96% of the total share capital. The funds raised from this pledge will be used for its own production and operation. Hainan Haiyao Group has good credit and financial conditions, with no pledged shares due within the next six months to a year. The pledge risk is controllable and will not affect the company's production and operation.