Southern Health Material: controlling shareholder partially released pledged shares and re-pledged

date
11/08/2025
On August 11, 2025, Southern Medical Materials announced that its controlling shareholder Li Ping had partially lifted and re-pledged some of his shares. On August 8, Li Ping lifted the pledge on 3 million shares, accounting for 2.52% of his total holdings and 1.04% of the total share capital; on the same day, he pledged 5 million shares to the Changzhou Branch of Industrial Bank, accounting for 4.21% of his total holdings and 1.73% of the total share capital, with the funds to be used for supplementing working capital. As of the announcement date, Li Ping had pledged a total of 84.40 million shares, and he and persons acting in concert had pledged a total of 94.03 million shares. The controlling shareholder and persons acting in concert have 59.40 million shares due for pledge in the next six months, with a financing balance of 115 million yuan. The pledge risk is controllable and will not have a significant impact on the company's operations or control rights.