Zhengtong Electronics: The actual controller released a pledge of 10 million shares before pledging again.
ZTE Electronic Bulletin stated that the actual controller Zeng Shengqiang recently handled the release of pledged shares and pledge business. On June 25, 2026, he released 10 million shares, accounting for 9.55% of his holdings, and 1.63% of the company's total share capital; on the same day, he pledged another 10 million shares, with the same proportion, for the purpose of providing guarantees for financing for the company and its subsidiaries. As of the date of the announcement, the actual controller and its concerted action parties have pledged a total of 66.55 million shares, accounting for 42.80% of their holdings, and 10.83% of the company's total share capital, with controllable pledge risks.
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