Core Viewpoint - The announcement details the completion of the pledge release of shares by the controlling shareholder, Yunnan Yuntianhua Group Co., Ltd., related to the non-public issuance of exchangeable corporate bonds [2][4]. Group 1: Shareholding and Pledge Details - As of the announcement date, Yunnan Yuntianhua Group holds 699,254,292 shares of Yunnan Yuntianhua Co., Ltd., accounting for 38.12% of the total share capital [2]. - After the release of the pledge, Yunnan Yuntianhua Group has no remaining pledged shares [2]. - The group had previously issued exchangeable corporate bonds on March 28, 2022, with a scale of RMB 1 billion and a term of 3 years, using 65,000,000 shares as collateral [2][3]. Group 2: Pledge Release Process - On April 3, 2025, Yunnan Yuntianhua Group completed the release of the pledge for 75,000,000 shares at the Shanghai branch of China Securities Depository and Clearing Co., Ltd. [4]. - The shares were transferred from the pledge account to the group's securities account [4]. - There are currently no plans for subsequent pledges of the shares held by Yunnan Yuntianhua Group [4].
云南云天化股份有限公司关于控股股东非公开发行可交换公司债券质押股份解除质押的公告