Topchoice Medical's Controlling Shareholder Baoqun Industrial Pledges 18.55 Million Shares and Releases 16.55 Million Shares from Pledge

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Topchoice Medical's controlling shareholder, Baoqun Industrial, has pledged 18.55 million shares, representing 12.24% of its holdings and 4.15% of the company's total share capital. At the same time, it released 16.55 million shares from pledge, accounting for 10.92% of its holdings and 3.70% of the total share capital. As of the announcement date, Baoqun Industrial's cumulative pledged shares stood at 101 million shares, representing 66.68% of its holdings and 22.60% of the company's total share capital. In the first quarter of 2026, Topchoice Medical achieved revenue of 755 million yuan and net profit attributable to the parent company of 187 million yuan.

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Controlling shareholder pledges additional shares, increasing pledge ratio to 66.68% of holdings, signaling potential liquidity concerns.