Hengtong Optic-Electric: Controlling Shareholder Releases Pledge on 15 Million Shares

date
30/09/2026
Hengtong Optic-Electric announced that its controlling shareholder, Hengtong Group, completed procedures on September 28, 2026 to release a pledge, unpledging 15 million unrestricted tradable shares previously pledged to Ping An Bank Suzhou Branch. The relevant procedures were completed on September 29. The shares released from pledge account for 2.53% of Hengtong Group's shareholding and 0.61% of the company's total share capital, and will not be used for subsequent pledges. After this release, Hengtong Group's cumulative pledged shares total 312 million, accounting for 52.49% of its shareholding and 12.64% of the company's total share capital.