FilingReader Intelligence

Juneyao Airlines' controlling shareholder adjusts pledged equity holdings

October 22, 2025 at 09:30 AM UTCBy FilingReader AI

Shanghai Juneyao Airlines Company Limited announced that its controlling shareholder, Juneyao Group, holding 46.74% of the company's shares, has adjusted its equity pledges. Juneyao Group has cumulatively pledged 81.370 million shares, representing 79.71% of its total holdings and 37.26% of the company's total share capital.

Recently, Juneyao Group released 2.533 million pledged shares, amounting to 2.48% of its holdings and 1.16% of the company's total share capital. Concurrently, a new pledge of 2.533 million shares was made to Industrial Bank Co., Ltd. Shanghai Pudong Branch, expiring on October 21, 2026, for debt performance guarantees.

As of the announcement date, Juneyao Group and its concerted parties have pledged 84.120 million shares, accounting for 79.59% of their combined holdings and 38.52% of the company's total share capital. Juneyao Group anticipates 29.800 million pledged shares to mature within the next six months, corresponding to 2.22 bn yuan in financing. No immediate risks of forced liquidation are currently present.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

SSE:603885Shanghai Stock Exchange
Airlines

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