Liaoning Chengda shareholder extends share pledge repurchase

Liaoning Chengda announced that Guangxi Xinyixin Business Service Co., Ltd., and its affiliated parties, have extended the repurchase agreement for a portion of their pledged shares. As of the announcement date, Guangxi Xinyixin and its affiliates hold 157,813,119 shares, representing 10.32% of Liaoning Chengda's total share capital. Following the extension, the cumulative pledged shares by Guangxi Xinyixin and its affiliates amount to 131,713,840, or 83.46% of their holdings (8.61% of Liaoning Chengda's total share capital). The extensions involve multiple pledge agreements with lenders like Haitong Securities, with varied repurchase dates now extended to dates in November 2025. These extensions are primarily to support business development needs.