Huatong Cable: Zhang Wendong pledges 29 million shares.
Huatong Cable Announcement: One of the actual controllers of the company, Zhang Wendong, pledged 29 million shares, accounting for 39.18% of his holdings and 5.71% of the total share capital of the company. The pledge started on July 15, 2025, for investment and operations. After this pledge, if Zhang Wendong lifts the pledge on the 29 million shares, the total number of shares he holds that have been pledged will be 29 million shares, accounting for 39.18% of his holdings and 5.71% of the total share capital of the company.
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