Lianchuang Optoelectronic updates on share buyback and shareholder pledges
Jiangxi Lianchuang Optoelectronic Science & Technology (SSE:600363) repurchased 1,713,400 shares as of August 31, 2025, accounting for 0.3778% of its total share capital. The total spent was 95,386,505.38 yuan, with prices ranging from 53.44 yuan to 56.50 yuan per share. This repurchase, initiated on February 10, 2025, aims to reduce the company's registered capital.
Concurrently, the controlling shareholder, Jiangxi Province Electronic Group Co., Ltd., processed a partial release and re-pledge of shares. On August 29, 2025, 1,001,733 shares were unpledged, representing 1.06% of its holdings. Subsequently, 2,380,000 shares were re-pledged to the Beijing Bank Nanchang Branch, bringing the total pledged shares to 75,728,484, or 79.94% of the Electronic Group's holdings. This re-pledge, for production and operation financing, impacts 16.70% of the company's total share capital.
The Electronic Group’s pledged shares will mature within the next year, with 28,838,212 shares due in the next six months (financing of 44,950.00 yuan) and an additional 14,620,000 shares due within one year (financing of 32,235.00 yuan). The company asserts that these activities will not affect its operations, financing, or governance.
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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