Yabao Pharmaceutical Holding's controlling shareholder pledged 11.45 million shares to repay debts.

Yabao Pharmaceutical announced that on the 26th, it received a notice from its controlling shareholder, Yabao Investment, regarding a stock pledged repurchase transaction. On September 25th, Yabao Investment pledged 11.45 million shares to Guotai Haitong Securities, accounting for 12.14% of its holdings and 1.64% of the company's total share capital. The pledge period is until September 25, 2026, with the funds intended for debt repayment. As of the announcement date, Yabao Investment held 94.3 million shares of the company, accounting for 13.47% of the total share capital, with a total pledge of 38.6 million shares, representing 40.93% of its holdings and 5.51% of the company's total share capital. The company will closely monitor the pledged matters and disclose information in accordance with regulations.