According to Mingchen Health's announcement, Chen Qinfa, the controlling shareholder of the company, recently terminated the pledge and re-pledge business of some of his shares in the company. Chen Qinfa released the pledge of 3 million shares, accounting for 3.21% of his shares and 1.13% of the company's total share capital; another 5.4 million shares were pledged, accounting for 5.78% of his shares and 2.03% of the company's total share capital. As of the disclosure date of the announcement, Chen Qinfa pledged a total of 24.744 million shares, accounting for 26.51% of his total shareholding and 9.3% of the company's total share capital. There is no risk of forced liquidation, and there is no substantial impact on the company.

According to Mingchen Health's announcement, Chen Qinfa, the controlling shareholder of the company, recently terminated the pledge and re-pledge business of some of his shares in the company. Chen Qinfa released the pledge of 3 million shares, accounting for 3.21% of his shares and 1.13% of the company's total share capital; another 5.4 million shares were pledged, accounting for 5.78% of his shares and 2.03% of the company's total share capital. As of the disclosure date of the announcement, Chen Qinfa pledged a total of 24.744 million shares, accounting for 26.51% of his total shareholding and 9.3% of the company's total share capital. There is no risk of forced liquidation, and there is no substantial impact on the company.