Mingchen Health: Partial shares of the controlling shareholder have been released from pledge and re-pledged.

Mingchen Health announced that the company's controlling shareholder, Chen Qinfang, has recently completed the lifting and re-pledging of part of his shares held in the company. Chen Qinfang lifted the pledge on 3 million shares, accounting for 3.21% of his holdings and 1.13% of the company's total share capital; he re-pledged 5.4 million shares, accounting for 5.78% of his holdings and 2.03% of the company's total share capital. As of the announcement date, Chen Qinfang has cumulatively pledged 24.744 million shares, representing 26.51% of his total holdings and 9.3% of the company's total share capital, with no risk of forced liquidation, and no substantial impact on the company.