Yuyuan Co., Ltd. announced that it received a notification letter from the controlling shareholder Fosun Hi-Tech on July 29. Its subsidiary Forte Investment released the pledge of 16.78 million shares on July 28, accounting for 1.64% of its shares and 0.43% of the company's total share capital. At the same time, Forte Investment pledged 33.13 million shares, accounting for 3.24% of its shares and 0.85% of the company's total share capital to repay debts. Since then, Fosun Hi-Tech and its co-actors have pledged a total of 1,788 billion shares, accounting for 74.18% of its shares. The corresponding financing balances for shares pledged to expire in the next six months and one year are 297 million yuan and 2,015 billion yuan respectively, and the risk is manageable.

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