CONCORD HC GP (02453) announced that Shanghai Medical Star pledged 23.07 million domestic shares, 64.1 million domestic shares, and 8.9673 million domestic shares to Zhongcheng as collateral for a loan facility of up to RMB 500 million (the "Pledged Shares").

In accordance with the terms of the loan agreement signed on July 10, 2024, between the company and Zhongcheng regarding the Pledged Shares and additional pledged shares, and to further secure the company's obligations under the agreement, Beijing Concord Health Care, the controlling shareholder, agreed on November 4, 2025, to pledge an additional 35.6023 million H-shares directly held by it to Zhongcheng.

As of the announcement date, the total H-shares pledged by Beijing Concord Health Care represent approximately 4.54% of the company's total issued shares.