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On October 21, Yisheng shares issued an announcement stating that in order to supplement the liquidity of its subsidiaries, Cao Jisheng, the controlling shareholder and actual controller of Yisheng shares, pledged 8.
As of now, Cao Jisheng holds approximately 408 million shares of Yisheng shares, accounting for 41.
Probiotic shares, said Cao Jisheng now have the appropriate financial ability to repay, collateral risk under control of the pledge behavior does not lead to actual change of control, the company's production and management, corporate governance has no effect