300456SZSE

Announcement on Early Repurchase of Stock Pledge Repurchase Transaction by Controlling Shareholder

Sai MicroElectronics Inc.··2 pages

✨ AI Summary

Beijing CYNMicroelectronics Co., Ltd. announces that its controlling shareholder, Chairman Yang Yunchen, has repurchased 170,000 pledged shares early. This reduces the total pledged shares to 38.8 million, representing 25.19% of his holdings and 5.30% of the company's total share capital. The company states there is no risk of forced liquidation or transfer of ownership.

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Full Translation

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Beijing CYNMicroelectronics Co., Ltd. Announcement on Early Repurchase of Stock Pledge Repurchase Transaction by Controlling Shareholder

The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and have no false records, misleading statements, or major omissions.

Special Reminder: As of the disclosure date of this announcement, Beijing CYNMicroelectronics Co., Ltd. (hereinafter referred to as the "Company") controlling shareholder, actual controller, and Chairman Mr. Yang Yunchen holds 154,023,719 shares of the Company, accounting for 21.04% of the Company's total share capital. A cumulative of 38,800,000 shares are pledged, accounting for 25.19% of his holdings and 5.30% of the Company's total share capital. Investors are requested to pay attention to related risks.

On June 18, 2026, the Company received a notice from its controlling shareholder, actual controller, and Chairman Mr. Yang Yunchen that Mr. Yang Yunchen has repurchased a portion of his pledged shares early. The relevant situation is hereby announced as follows:

I. Shareholder Share Release from Pledge - Basic Information

  1. Basic Information on Share Release from Pledge

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