FilingReader Intelligence
Songyang Recycle Resources shareholder extends equity pledge
July 14, 2025 at 12:36 PM UTC•By FilingReader AI
Songyang Recycle Resources' controlling shareholder extended a pledge of 10 million shares, representing 96.47% of its holdings.
The company responded to Shanghai Stock Exchange inquiries regarding its 2024 annual report, detailing operational challenges including negative gross profit margins across main products and ongoing financial restructuring efforts to improve liquidity.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Supplementary Source Documents
Dahua Certified Public Accountants (Special General Partnership): Explanation of the financial matters in the "Information Disclosure Regulatory Inquiry Letter on the 2024 Annual Report of Guangdong Songyang Recycling Resources Co., Ltd."July 8, 2025 at 08:00 AM UTC
Guangdong Songyang Renewable Resources Co., Ltd.'s reply to the Shanghai Stock Exchange's inquiry letter on the company's 2024 annual reportJuly 8, 2025 at 08:00 AM UTC
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