Wanhua chemical shareholder unpledges significant block of shares
Wanhua Chemical Group Co., Ltd. announced that Yantai Zhongcheng Investment Co., Ltd., a shareholder holding over 5% of its shares, has completed the release of a partial share pledge. Yantai Zhongcheng Investment Co., Ltd. holds 330,379,594 Wanhua Chemical shares, representing 10.55% of the company's total share capital.
The recent transaction involved the unpledging of 14,000,000 shares on September 25, 2025. This quantity accounts for 4.24% of Yantai Zhongcheng Investment's total holdings and 0.45% of Wanhua Chemical's total share capital. Following this release, the shareholder's cumulative pledged shares now stand at 59,000,000, which represents 17.86% of their total holdings and 1.88% of the company's total share capital.
The company explicitly stated that the shares released from pledge in this instance are not intended for subsequent re-pledging.
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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