Yihuatong: Shareholder pledges 37 million shares for delayed repurchase, with the deadline extended to 2026.

Recently, Shenzhen Yatong Supply Chain Co., Ltd. announced that it had received a letter from its shareholder, Shenzhen Yatong Investment Holdings Co., Ltd., stating that they had pledged to repurchase 37 million shares of the company's stock, accounting for 14.02% of their holdings and 1.42% of the total share capital. The start date of the pledge is September 10, 2024, originally due on September 10, 2025, but now extended to September 10, 2026. The pledgee is CITIC Securities Co., Ltd., and the purpose of the pledge is for financing. As of the disclosure date of the announcement, Yatong Holdings holds 263,900,099 shares, accounting for 10.16% of the total holdings, with the pledged shares accounting for 51.91% of their holdings and 5.28% of the total share capital.