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Juneyao Airlines: Controlling shareholder changes share pledge status

May 26, 2025 at 12:08 PM UTCBy FilingReader AI

Shanghai Juneyao Airlines (SSE:603885) announced that its controlling shareholder, Junyao Group, has executed both the release and pledge of company shares. Specifically, Junyao Group released 15.05 million shares from pledge. Following these transactions, Junyao Group holds 1,020,862,080 shares, representing 46.42% of Juneyao Airlines' total shares. The cumulative pledged shares by Junyao Group amount to 81.275 million, or 79.61% of its holdings, constituting 36.96% of Juneyao Airlines' total equity. Of the pledged shares, CNY 480.85 million will mature within one year, while CNY 430.85 million will mature in six months. Furthermore, Junyao Investment has pledged CNY 200 million due within one year. The company states that the moves will not impact operations and governance.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

SSE:603885Shanghai Stock Exchange
Airlines

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