CONCORD HC GP (02453) obtained the release of 35.6 million pledged shares by its controlling shareholder Beijing Taihe Cheng.

CONCORD HC GP (02453) announced that on August 26, 2025, the company's controlling shareholder Beijing Taihe Cheng agreed to pledge 35.6 million H shares of the company to Shanghai Pudong Development Bank as the beneficiary. The company received notification from Beijing Taihe Cheng on October 27, 2025, that the pledge had been fully released on October 27, 2025. As of the date of this announcement, Beijing Taihe Cheng holds 35.6023 million H shares of the company, accounting for approximately 4.54% of the company's issued shares.