Chengxing Inc.: Partial or complete release of pledge on shares held by controlling shareholder and second-largest shareholder.

date
04/02/2026
Chengxing Corporation announced on February 4, 2026 that the controlling shareholder Wuxi Xingshengzhou and the second largest shareholder Jiangyin Lianying have released some or all of the company's shares held on February 3. Wuxi Xingshengzhou holds a total of 171 million shares, accounting for 25.24% of the total share capital. This time, 128 million shares were released, accounting for 75% of its holdings, 18.93% of the total share capital, and the remaining pledged shares after the release are 0; Jiangyin Lianying holds a total of 106 million shares, accounting for 15.68% of the total share capital. This time, 106 million shares were released, accounting for 100% of its holdings, and the remaining pledged shares after the release are 0.