QIDIAN GUOFENG (01280) has 277 million shares pledged by major shareholder Shengxing International.

QIDIAN GUOFENG (01280) has issued an announcement that the board of directors of China QIDIAN GUOFENG Holdings Limited was informed by Noble Trade International Holdings Limited (Shengxing International), a substantial shareholder of the Company, that it has entered into a tripartite share charge agreement dated September 21, 2026 with HK Saint Next Investment Limited (the lender) and Pioneer Elite Assets Limited (the chargee). Pursuant to the share charge agreement, Shengxing International has granted a fixed charge in favor of the chargee over 277 million ordinary shares of the Company, representing approximately 14.33% of the issued share capital of the Company as at the date of this announcement. The charge secures all debts, liabilities and obligations owed by Shengxing International to the lender (i.e., an aggregate principal amount of HK$50.8 million, together with all accrued interest, default interest, penalties, damages, costs and other amounts payable thereunder). The principal and all accrued interest shall be repaid within one year from the date of the share charge agreement. Shengxing International is wholly owned by Mogen Ltd., which is in turn wholly owned by Mr. Yuan Li, the chairman and executive director of the Company, through Greatssjy Co., Ltd. As at the date of this announcement, Shengxing International holds 277 million ordinary shares, representing approximately 14.33% of the issued share capital of the Company.