Jin Yi Technology announced that recently, Minxing Electronics, the controlling shareholder of the company, processed 6.67 million shares for cancellation of pledge and re-pledge business. The pledge expiration date is until the pledge cancellation registration procedure is processed. The pledge holder is Shenzhen Hi-Tech Investment Microfinance Co., Ltd., and the use of the pledge was for its own capital requirements. As of the disclosure date of the announcement, the cumulative pledged shares of Minxing Electronics and its co-actors accounted for 47.61% of their holdings and 10.14% of the company's total share capital. The risk of pledging is manageable.

Jin Yi Technology announced that recently, Minxing Electronics, the controlling shareholder of the company, processed 6.67 million shares for cancellation of pledge and re-pledge business. The pledge expiration date is until the pledge cancellation registration procedure is processed. The pledge holder is Shenzhen Hi-Tech Investment Microfinance Co., Ltd., and the use of the pledge was for its own capital requirements. As of the disclosure date of the announcement, the cumulative pledged shares of Minxing Electronics and its co-actors accounted for 47.61% of their holdings and 10.14% of the company's total share capital. The risk of pledging is manageable.