Yuekang Pharmaceutical Group Co., Ltd. Announcement on the Judicial Auction of Part of the Shares Held by the Controlling Shareholder Failing to Sell

MaticHoleFiller

2026-03-28 00:25:58

Abstract generation in progress

Stock Code: 688658 Stock Abbreviation: YK Pharma Announcement No.: 2026-008

YK Pharma Group Co., Ltd.

Announcement on the Judicial Auction of Some Shares Held by the Controlling Shareholder

Announcement of Failed Auction

The Board of Directors and all directors of the company guarantee that there are no false records, misleading statements, or major omissions in the content of this announcement, and will bear legal responsibility for the authenticity, accuracy, and completeness of its content in accordance with the law.

Important Content Reminder:

● The subject of this judicial auction is 1,720,000 unrestricted circulating shares of YK Pharma Group Co., Ltd. (hereinafter referred to as the “Company”) held by the controlling shareholder Fuyang Jingyue Yongshun Information Consulting Co., Ltd. (hereinafter referred to as “Jingyue Yongshun”), accounting for 0.38% of the total share capital of the company and 1.12% of the shares held by it.

● The subject of this judicial auction has failed to attract any bids within the specified time.

● This judicial auction will not have a significant adverse impact on the company’s operation and management, nor will it lead to changes in the company’s controlling shareholder and actual controller.

I. Basic Information on the Auctioned Shares of the Controlling Shareholder

The 1,720,000 unrestricted circulating shares of the company held by the controlling shareholder Jingyue Yongshun were scheduled for judicial auction from 10:00 on March 16, 2026, to 10:00 on March 17, 2026 (excluding extensions) on the JD.com judicial auction online platform (website:

II. Progress of This Judicial Auction

The auction of the 1,720,000 unrestricted circulating shares of the company held by Jingyue Yongshun ended at 10:00 on March 17, 2026. The company has checked the JD.com judicial auction online platform, which indicates that the subject of this judicial auction has failed to attract any bids within the specified time.

III. Other Explanations and Risk Reminders

The uncertainty of whether the shares held by Jingyue Yongshun will be auctioned again in the future. If the auction is ultimately held, subsequent processes may still involve bidding, payment, court enforcement legal procedures, share transfer, and other links, all of which carry certain uncertainties. The company will fulfill its corresponding information disclosure obligations in accordance with the auction progress.
This judicial auction will not have a significant adverse impact on the company’s operation and management, nor will it lead to changes in the company’s controlling shareholder and actual controller. The company will strictly fulfill its information disclosure obligations in accordance with relevant laws and regulations based on the progress of related matters.
The designated information disclosure media for the company are the Shanghai Securities News, China Securities Journal, Securities Times, Securities Daily, and the Shanghai Stock Exchange website (www.sse.com.cn). The information disclosed by the company shall be subject to the content published in the aforementioned designated information disclosure media. We kindly remind investors to pay attention to the company’s announcements, invest rationally, and be aware of investment risks.

This announcement is made.

Board of Directors of YK Pharma Group Co., Ltd.

March 18, 2026

Massive information, precise interpretation, all in the Sina Finance APP.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

1 Likes