Langzi Group's controlling shareholder partially extended the pledged shares, without affecting the controlling rights.

date
15/09/2025
Recently, the company La Chapelle received a letter from its controlling shareholder and actual controller Shen Dongri, informing that some of the shares have been pledged for extension. This extension of pledge involves two transactions, with 3.22 million shares and 2.49 million shares respectively, totaling 5.71 million shares, accounting for 2.70% of the shares held and 1.29% of the total share capital of the company. The new maturity date is September 11, 2026, and the purpose of the pledge is for personal financial needs. As of the disclosure date of the announcement, Shen Dongri holds 212 million shares, with a total of 37.98 million shares pledged, accounting for 17.95% of the shares held. The company stated that its production and operation are currently normal, Shen Dongri has confidence in the future development of the company, and the pledged shares by the actual controller do not have the risk of forced liquidation or transfer. This extension will not lead to a change in the company's actual control rights.