Qinghai Spring: Controlling shareholder Tibet Rongen supplements pledge of 8.5 million shares

date
04/11/2026
Qinghai Spring announced that its controlling shareholder, Tibet Rong'en Technology Co., Ltd., pledged an additional 8.5 million shares this time, accounting for 4.51% of its holdings and 1.45% of the company's total share capital. The pledge start date is November 2, 2026, and the maturity date is October 28, 2029. The pledgee is Shanghai Pudong Development Bank Co., Ltd. Chengdu Branch, and the funds are used to provide a guarantee. After this pledge, Tibet Rong'en has cumulatively pledged 126.31 million shares, accounting for 66.97% of its total holdings and 21.52% of the company's total share capital. Tibet Rong'en and its concert party Xiao Rong together hold 41.80% of the company's total share capital, and have cumulatively pledged 156.45 million shares, accounting for 63.76% of their total holdings and 26.65% of the company's total share capital.