Chow Tai Fook: The controlling shareholder released 18.5 million pledged shares, accounting for 1.70% of the total share capital.
Chow Tai Fook Jewellery Group Limited announced that its controlling shareholder, Chow's Investment, has released the pledge of 18.5 million shares it holds, accounting for 3.04% of its total shares and 1.70% of the company's total share capital. The starting date is May 6, 2024, and the release date is December 22, 2025, with the pledgee being China Galaxy Securities. As of the disclosure date of the announcement, Chow's Investment and its concerted action parties have a total of 32.78 million pledged shares, accounting for 4.72% of their total shares and 3.02% of the company's total share capital. This release of pledge will not affect the company's operations or governance, and there is no risk of liquidation or changes in controlling rights.
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