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Daimay controller pledges more shares for personal financing

September 4, 2025 at 05:09 PM UTCBy FilingReader AI

Shanghai Daimay Automotive Interior Co., Ltd. announced that its controller, Mr. Jiang Ming, pledged 38 million shares, bringing his total pledged shares to 83.5 million. This latest pledge represents 28.53% of his total holdings and 1.77% of the company's total share capital. The shares were pledged to Industrial Bank International Trust Co., Ltd. for personal financing needs, with the pledge period from September 8, 2025, to September 8, 2026.

Following this transaction, Mr. Jiang Ming's cumulative pledged shares account for 62.70% of his direct holdings and 3.89% of the company's total share capital. Including his concerted parties, the total pledged shares of 83.5 million represent 4.80% of their combined holdings and 3.89% of the total share capital.

Mr. Jiang Ming stated that his credit status is good, he has the ability to repay, and sufficient risk control capacity. The company confirms that this share pledge will not lead to a change in the actual control of the company.

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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