Lianchuang optoelectronic's controlling shareholder pledges more shares

Jiangxi Lianchuang Optoelectronic Science & Technology announced that its controlling shareholder, Jiangxi Electronic Group Co., Ltd., has pledged an additional 2,000,000 shares. This transaction, occurring on November 20, 2025, and maturing on November 20, 2026, represents 0.44% of the company's total share capital. The pledge was made to Tongcheng Commercial Factoring (Shenzhen) Co., Ltd. to supplement working capital.

Following this pledge, Electronic Group's total pledged shares now stand at 75,232,839, accounting for 79.41% of its total holdings in the company and 16.69% of the company's overall share capital. The Electronic Group holds 94,736,092 shares, representing 21.01% of the company's total share capital.

Electronic Group anticipates 24,502,567 pledged shares (5.43% of total share capital, with a financing balance of 36,700.00 yuan) to mature within the next six months. Additionally, 19,400,000 pledged shares (4.30% of total share capital, with a financing balance of 44,235.00 yuan) are due within the next year, excluding those maturing within six months. The company stated that this pledge will not impact its operations, financing, or governance.