Topchoice Medical shareholder pledges 64% of holdings

Hangzhou Baoqun Industrial Group, controlling shareholder of Topchoice Medical, has pledged 97.9 million shares representing 64.56% of its holdings and 21.88% of the company's total share capital.

The pledge follows recent adjustments where Baoqun pledged 9.66 million new shares while releasing 9.52 million previously pledged shares. The financing is intended for external medical projects.