Zongsheng Pharmaceuticals: Partial release of pledged shares of 25.49 million shares by controlling shareholders and persons acting in concert

Zhongsheng Pharmaceuticals announced that recently, the company's controlling shareholder and actual controller, Zhang Yuchong, and shareholder Zhang Yuli, who holds more than 5% of the shares, have partially released their pledged shares. The number of released pledged shares is 16.78 million shares and 8.71 million shares, totaling 25.49 million shares, accounting for 3.00% of the company's total share capital. As of the disclosure date of the announcement, Zhang Yuchong and Zhang Yuli have a total of 8.91 million shares and 4.46 million shares pledged, totaling 13.37 million shares, accounting for 1.57% of the company's total share capital. The pledged shares do not face the risk of liquidation.