FilingReader Intelligence

Sanwei Holding Group's controlling shareholder unpledges significant shares

November 25, 2025 at 08:41 AM UTCBy FilingReader AI

Sanwei Holding Group Company Limited announced that its controlling shareholder and de facto controller, Ye Jinyue, has released a pledge on 9,750,000 unrestricted shares. This transaction took place on November 24, 2025, with shares previously pledged to China Everbright Bank Co., Ltd. Taizhou Branch. Following this release, Ye Jinyue's remaining pledged shares amount to 172,881,000 shares, representing 46.16% of his total holdings and 16.77% of the company's total share capital.

Before this action, Ye Jinyue held 374,549,972 shares, accounting for 36.32% of Sanwei Holding Group's total share capital. The unpledged shares represent 2.60% of his total holdings and 0.95% of the company's total share capital. Ye Jinyue currently has no further plans for pledging shares, committing to timely disclosure of any future changes.

Collectively, Ye Jinyue and his concerted party, Zhang Guiyu, hold 439,473,012 shares, or 42.62% of the company's total share capital. After this unpledging, their combined total pledged shares are 209,636,900, which is 47.70% of their total holdings and 20.33% 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

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