Major Caihong Display shareholder pledges more shares for debt repayment

A significant shareholder in Caihong Display Devices Co., Ltd. has announced the pledging of an additional 41 million shares. This latest transaction, initiated on November 24, 2025, and maturing on November 24, 2030, involves shares pledged to the Xi'an Branch of Chang'an Bank Co., Ltd. for the purpose of debt repayment.

Following this pledge, the shareholder's total pledged shares now stand at 157 million, representing 49.95% of its total holdings in Caihong Display Devices and 4.38% of the company's total share capital. Prior to this, 116 million shares were already pledged. The shareholder holds 314,336,098 shares in Caihong Display Devices, accounting for 8.76% of the company's total share capital.

The company confirmed that this pledge does not involve any guarantees for performance compensation related to major asset restructurings or other assurance purposes. The registration date for the pledge is based on the maturity date of the principal debt, which can be terminated earlier.