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On September 12, 2025, Beijing Oriental Yuhong Waterproof Technology Co., Ltd. announced that its controlling shareholder and actual controller, Li Weiguo, had partially released the pledged shares. A total of 43,890,000 shares were released, accounting for 8.57% of his total holdings and 1.84% of the company's total share capital. The pledgees are Haitong Securities and China Galaxy Securities. As of now, Li Weiguo and his concerted action person Li Xingguo collectively hold 21.90% of the company's total share capital, with pledged shares accounting for 12.89% of the total share capital.
This pledge release is not related to the company's production and operation needs. Within the next year, 55.10% of the pledged shares can be repaid in multiple ways. There are currently no situations that harm the interests of the listed company or trigger margin calls. The company will continue to monitor changes in the pledges.
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