FilingReader Intelligence

Keda Clean Energy's largest shareholder unpledges significant stock

October 23, 2025 at 09:09 AM UTCBy FilingReader AI

Keda Clean Energy announced that its largest shareholder, Mr. Liang Tongcan, has unpledged a significant portion of his shares. Specifically, Mr. Liang unpledged 9,900,000 shares, 7,450,000 shares, and 2,500,000 shares of unlimited saleable common stock. This action aims to optimize the company's financing costs by prepaying financing debts associated with these pledged equities.

Following this partial release, Mr. Liang Tongcan now has 203,200,000 pledged shares, representing 54.27% of his total holdings and 10.60% of the company's total share capital. Prior to this, his pledged shares accounted for 59.56% of his holdings and 11.63% of the company's total share capital. Mr. Liang holds 374,456,779 shares, which is 19.52% of Keda Clean Energy's total share capital.

As of October 22, 2025, Mr. Liang Tongcan and his concerted party, Guangdong Hongyu Group Co., Ltd., collectively hold 438,797,931 shares, representing 22.88% of the total share capital. Their cumulative pledged shares now stand at 267,541,152, or 60.97% of their combined holdings and 13.95% 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

SSE:600499Shanghai Stock Exchange

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