Caihong display devices' controlling shareholder pledges more shares

Caihong Display Devices announced that its controlling shareholder, Xianyang Financial Holding Group, has pledged 50 million shares. This transaction occurred on November 21, 2025, with a maturity date of November 21, 2030, and the pledgee is Chang'an Bank Co., Ltd. Xianyang Branch. The pledged shares represent 4.49% of Xianyang Financial Holding's total holdings and 1.39% of the company's total share capital, with proceeds intended for the shareholder's operational needs.

Following this pledge, Xianyang Financial Holding's cumulative pledged shares now total 746,717,584 shares, representing 67.11% of its total holdings.

Xianyang Financial Holding anticipates 60 million pledged shares, accounting for 4.91% of its holdings and 1.67% of the company's total share capital, to mature within the next six to twelve months, corresponding to a financing amount of 200 million yuan. The company asserts that Xianyang Financial Holding possesses the financial capacity to meet these obligations through various income streams. The pledge does not involve guarantees for major asset restructuring or other performance compensation purposes.