The controlling shareholder of Hesheng Silicon Industry, Luo Yi, has pledged a portion of his shares jointly.
On September 24, 2025, Hesheng Silicon Industry announced that its controlling shareholder and concerted actor Luo Yi pledged 4 million shares, accounting for 2.08% of the shares held, and 0.34% of the total share capital of the company. The pledged financing is used for production and operations. As of the announcement date, Luo Yi has pledged a total of 92.92 million shares, accounting for 48.27% of the shares held, and 7.86% of the total share capital of the company. Hesheng Group and its concerted actors collectively hold 73.52% of the total share capital of the company, with the cumulative pledged shares after this pledge accounting for 49.15% of their total holdings, and 36.14% of the total share capital of the company. Their credit and financial situation is good, the pledge risk is controllable, and the company will continue to monitor and disclose relevant information in a timely manner.
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