Dazhong Mining: Controlling shareholder prematurely lifts the pledge of 65 million shares.

date
13/11/2025
The announcement of Great Central Mining stated that the controlling shareholder Zhongxing Group pledged 150 million shares on June 19, 2025. Due to the recent significant increase in the company's stock price since June, 65 million shares of pledge were released early on November 11, accounting for 9.29% of its shareholding ratio and 4.31% of the total share capital of the company. The pledgee is DBS Securities Limited. As of the disclosure date of the announcement, Zhongxing Group and its concerted actors have cumulatively pledged 270 million shares, accounting for 27.27% of its holding in the company, with controllable risks.