Buchang Pharma's controlling shareholder unpledges significant stock block
Shandong Buchang Pharmaceuticals Co., Ltd. has announced that its controlling shareholder, Buchang (Hong Kong) Holdings Limited, has released a pledge on 19,000,000 shares. This move, executed on October 9, 2025, represents 3.87% of Buchang (Hong Kong)'s total holdings and 1.80% of the company's total share capital.
Following this transaction, Buchang (Hong Kong) now has 89,930,000 shares remaining under pledge, down from 108,930,000 shares. These remaining pledged shares account for 18.32% of Buchang (Hong Kong)'s total holdings and 8.53% of Shandong Buchang Pharmaceuticals' total share capital. The company confirmed that the unpledged shares will not be used for future pledges.
Collectively, Buchang (Hong Kong) and its concerted parties hold 598,200,660 shares, representing 56.72% of the total share capital. After the release, the total number of pledged shares held by the controlling shareholder and its concerted parties remains 89,930,000 shares. Investors are advised to monitor future disclosures as the company commits to fulfilling its information disclosure obligations.
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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