Seazen Holdings' controlling shareholder pledges more equity

On December 16, 2025, Seazen Holdings announced that its controlling shareholder, Futura Development Group, pledged an additional 34,000,000 shares. This transaction, effective December 15, 2025, and maturing by December 17, 2027, provides guarantees for the financing of its subsidiaries, with Bohai International Trust acting as the pledgee.

Following this pledge, Futura Development's total pledged shares in Seazen Holdings now stand at 312,055,500, representing 22.65% of its total holding of 1,378,000,000 shares. This constitutes 13.83% of Seazen Holdings' total share capital. Including shares held by its concerted party, Changzhou Derun Consulting Management, the cumulative pledged shares amount to 372,055,500, or 24.55% of their combined holdings.

Seazen Holdings assures investors that Futura Development will implement measures such as supplementary pledges or early repayments to mitigate potential risks, including forced liquidation, ensuring no change in the company's actual control. The company will disclose any significant changes to the pledge status in accordance with regulations.