NEUTECH GROUP (09616): Controlling shareholder lifts share pledge.
The Dongsoft Ruixin Group (09616) announced that, as disclosed in the announcement of pledged shares, the controlling shareholder of the company (Listed Rules) Dalian Dongsoft Holdings Co., Ltd. (Dongsoft Holdings) wholly-owned subsidiaries Dongkong First and Dongkong Second as pledgors, pledged their respective holdings of 127,465,000 shares and 120,000,000 shares of the company (accounting for approximately 38.30% of the total number of shares issued by the company as of March 6, 2025) to the lender (pledged shares) as supplementary collateral for a loan financing of 3.255 billion yuan.
NEUTECH GROUP (09616) announced that, as disclosed in the share pledging announcement, its controlling shareholder (as defined in the Listing Rules), Dalian Neusoft Holdings Limited (Neusoft Holdings), wholly-owned subsidiaries Dongkong First and Dongkong Second are the pledgors, pledging a total of 127,465,000 shares and 120,000,000 shares of the Company respectively (representing approximately 38.30% of the total number of issued shares of the Company as of March 6, 2025) to the lender (pledged shares) as supplementary collateral for a loan financing of RMB 3.255 billion.
As of the date of this announcement, the Company has been notified by Neusoft Holdings that the pledged shares have been fully released and cancelled on April 10, 2026.
As at the date of this announcement, taking into account the mentioned released shares, Dongkong First and Dongkong Second collectively hold approximately 39.29% of the Company's total issued shares.
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