Tianma Technology's controlling shareholder unpledges significant stock ahead of schedule

Fujian Tianma Science & Technology Group's controlling shareholder and actual controller, Chen Qingting, announced the early release of 8,000,000 pledged shares, representing 1.59% of the company's total share capital. This move reduces Chen Qingting's pledged holdings to 46,670,000 shares, which now accounts for 48.44% of his total ownership and 9.27% of the company's total share capital. The unpledging was completed with Tibet Trust Co., Ltd., with the release date specified as October 15, 2025.

Following this transaction, the combined pledged shares of Chen Qingting and his parties acting in concert now total 67,298,272 shares. This represents 41.19% of their collective holdings and 13.36% of the company's total share capital. The total shares held by Chen Qingting and his parties acting in concert amount to 163,368,164 shares, or 32.44% of the company's total equity.

The announcement also noted that Chen Qingting plans for subsequent re-pledging activities in the near future, indicating active management of his shareholdings.