Shenzhen Kingdom Sci-Tech shareholder reduces significant stock pledge
Shenzhen Kingdom Sci-Tech announced that its shareholder, Mr. Zhao Jian, along with his concerted action party, released a pledge on 9.89 million shares on November 6, 2025. This move represents 16% of his total holdings in the company and 1.05% of the company's total share capital.
Following this release, Mr. Zhao Jian and his concerted action parties now have 25.23 million pledged shares, accounting for 35.52% of their combined holdings and 2.68% of the company's total share capital. The total shares held by Mr. Zhao Jian and his concerted action parties amount to 71.04 million shares, representing 7.55% of the company's total share capital.
The company stated that the released shares are not intended for further pledging. Shenzhen Kingdom Sci-Tech will continue to disclose any future changes in the pledge status of its shares in accordance with regulatory requirements.
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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