Silan Microelectronics controlling shareholder releases pledged shares
Hangzhou Silan Microelectronics Co. Ltd. (Silan Microelectronics) announced on October 14, 2025, that its controlling shareholder, Hangzhou Silan Holding Co. Ltd. (Silan Holding), has released 20,000,000 shares from pledge. These shares, previously pledged to the Zhejiang Branch of Export-Import Bank of China, were unfrozen on October 10, 2025. This transaction effectively eliminates all pledges on Silan Holding's direct equity in Silan Microelectronics.
Prior to this release, Silan Holding held 513,917,034 shares, representing 30.88% of Silan Microelectronics' total share capital. The 20,000,000 shares released from pledge constituted 3.89% of Silan Holding's total stake and 1.20% of the company's total share capital. Following this operation, Silan Holding has no further pledge plans for its shares.
Collectively, Silan Holding and its concerted parties hold 562,607,257 shares, representing 33.81% of Silan Microelectronics' total share capital. After the latest release, their combined pledged shares total 8,627,000, accounting for 1.53% of their collective holdings and 0.52% of the company's total share capital.
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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