Zijin Petrochemical: The controlling shareholder extended the pledge of 20 million shares, with the cumulative pledge ratio reaching 55.02%.

Zhongman Petroleum announced that its controlling shareholder Zhongman Holdings holds 87.90 million shares of the company, accounting for 19.01% of the total share capital. It has pledged 20 million shares of unrestricted tradable stocks to Huatai Securities for an extension of the pledge period, with the maturity date extended to November 11, 2026, accounting for 22.75% of its shareholding and 4.33% of the total share capital of the company. The financing is used for debt substitution. After the extension of the pledge period, Zhongman Holdings has pledged a total of 48.35 million shares, accounting for 55.02% of its shareholdings and 10.46% of the total share capital of the company. The pledged shares due within the next six months amount to 10.40 million shares, corresponding to a financing principal of 100 million yuan.