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Longi Green Energy controlling shareholder unwinds pledge

June 27, 2025 at 05:04 AM UTCBy FilingReader AI

Longi Green Energy Technology Co., Ltd. (SSE:601012) announced that its controlling shareholder, Li Zhenguo, has completed the release of share pledges totaling 220,000,000 shares between June 24 and June 25, 2025. These shares, previously pledged to Yunnan International Trust Co., Ltd., represent 20.61% of Li’s holdings and 2.90% of the company’s total share capital. Following this release, Li Zhenguo’s remaining pledged shares amount to 235,000,000, constituting 22.02% of his holdings and 3.10% of Longi Green Energy's total share capital. Li Zhenguo currently holds 1,067,218,173 shares, or 14.08% of the company's total share capital as of June 25, 2025. The company stated that the released shares are not intended for further pledges at this time. The cumulative pledged shares of Li Zhenguo, Li Xiyan, and Li Chun'an amount to 235,000,000 shares, accounting for 14.62% of their collective holdings.

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

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