603598: Inly Media Co.Ltd(603598) : Announcement on the release of pledge of some shares of controlling shareholders

Securities code: 603598 securities abbreviation: Inly Media Co.Ltd(603598) Announcement No.: 2022-009 Inly Media Co.Ltd(603598)

Announcement on the cancellation of pledge of some shares of controlling shareholders

The board of directors and all directors of the company guarantee that the contents of this announcement are free from any false records and misleading

Make statements or major omissions, and bear individual and joint liabilities for the authenticity, accuracy and completeness of their contents

Responsibility.

Important content tips:

As of the disclosure date of this announcement, Mr. Luo Yanji, the controlling shareholder, directly holds 114525000 shares of the company, accounting for 42.76% of the total share capital of the company. Ms. Jiang Li, the person acting in concert, holds 15000000 shares of the company and Beijing Hezhong Chuangshi management consulting partnership (limited partnership) (hereinafter referred to as “Hezhong Chuangshi”) holds 20000000 shares of the company, Mr. Luo Yanji and his persons acting in concert held 149525000 shares of the company, accounting for 55.82% of the total share capital of the company.

After the pledge of the shares was lifted, Mr. Luo Yanji accumulated 47092200 Pledged Shares, accounting for 41.12% of his direct shares and 17.58% of the total share capital of the company; The cumulative number of Pledged Shares of the company’s controlling shareholders and their persons acting in concert is 77092200 shares, accounting for 51.56% of their total holdings and 28.78% of the company’s total share capital.

1、 Cancellation of pledge of shares

Inly Media Co.Ltd(603598) (hereinafter referred to as “the company”) recently received a notice from the controlling shareholder, Mr. Luo Yanji, on the cancellation of the pledge of some shares. The details are as follows:

Name of shareholder Luo Yanji

4372500 shares were pledged this time

3.82% of its shares

Accounting for 1.63% of the total share capital of the company

Degradation time: January 28, 2022

Number of shares held: 114525000

Shareholding ratio 42.76%

The number of remaining Pledged Shares is 47092200

The remaining pledged shares accounted for 41.12% of the shares held by them

The remaining pledged shares accounted for 17.58% of the total share capital of the company

As of the disclosure date of this announcement, Mr. Luo Yanji has no subsequent re pledge plan for the Pledged Shares. In case of re pledge, Mr. Luo Yanji will perform the obligation of notification in time according to the subsequent pledge, and the company will disclose it in time.

2、 Cumulative pledge of shares of controlling shareholders

As of the disclosure date of this announcement, the controlling shareholder Mr. Luo Yanji and his persons acting in concert held a total of 149525000 shares of the company, accounting for 55.82% of the total share capital of the company. After the pledge of the shares was lifted, the cumulative number of Pledged Shares of Mr. Luo Yanji and his concerted actors was 77092200 shares, accounting for 51.56% of his total holdings and 28.78% of the total share capital of the company.

At present, the controlling shareholders and persons acting in concert of the company are in good credit condition and have the corresponding capital repayment ability. The sources of repayment funds in the future mainly include personal daily income, investment income, self raised funds, etc. the pledge risk is controllable, and there is no risk of closing positions or being forced to close positions. If the company’s share price touches the early warning line or closing line, the controlling shareholders and their persons acting in concert will take measures including but not limited to additional full margin, supplementary pledge and so on.

The company will continue to pay attention to the stock pledge of the controlling shareholders and their persons acting in concert, strictly abide by relevant regulations and timely fulfill the obligation of information disclosure. Please pay attention to investment risks.

It is hereby announced.

Inly Media Co.Ltd(603598) board of directors January 28, 2022

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