According to Jinhui Liquor's announcement, Yate Group, the controlling shareholder of the company, released the pledge of 12 million shares of the company pledged to Industrial Bank on November 11, 2026, and completed the procedure for continuing to pledge the same amount of shares. The pledge period is until November 11, 2027, and the financing is for its own business needs. After this operation, Yate Group pledged 887.23 million shares of the company, accounting for 75.36% of its total shareholding and 17.49% of the company's total share capital; Yate Group and its co-actors together pledged 62.01% of the total number of shares held, accounting for 17.49% of the company's total share capital. This pledge will not result in a change in the company's actual control.

According to Jinhui Liquor's announcement, Yate Group, the controlling shareholder of the company, released the pledge of 12 million shares of the company pledged to Industrial Bank on November 11, 2026, and completed the procedure for continuing to pledge the same amount of shares. The pledge period is until November 11, 2027, and the financing is for its own business needs. After this operation, Yate Group pledged 887.23 million shares of the company, accounting for 75.36% of its total shareholding and 17.49% of the company's total share capital; Yate Group and its co-actors together pledged 62.01% of the total number of shares held, accounting for 17.49% of the company's total share capital. This pledge will not result in a change in the company's actual control.