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Fujian Tianma's controlling shareholder reduces pledged shares, updates guarantees

October 14, 2025 at 05:12 AM UTCBy FilingReader AI

Fujian Tianma Science & Technology Group (SSE:603668) announced that Fujian Tianma Investment Development Co., Ltd. (Tianma Investment), a concerted party of the controlling shareholder and actual controller, has early released 6,000,000 pledged shares. This represents 9.78% of its holdings and 1.19% of the company's total share capital. Following this release, Tianma Investment's cumulative pledged shares amount to 19,000,000 shares, or 30.96% of its holdings and 3.77% of the total share capital. The aggregate pledged shares for the controlling shareholder, actual controller, and their concerted parties now stand at 75,298,272 shares, representing 46.09% of their total holdings and 14.96% of the company's total share capital. Tianma Investment currently has no plans for further share pledges.

Additionally, Fujian Tianma Science & Technology Group updated its status on external guarantees. As of October 10, 2025, the company and its subsidiaries have a total outstanding external guarantee balance of 235,646.32 million yuan, which represents 105.34% of the company’s net assets as of the latest audited period. These guarantees mainly involve credit and performance guarantees for wholly-owned and controlling subsidiaries, as well as downstream customers and supply chain partners. The company confirmed no overdue external guarantees or guarantee-related litigation.

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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