Greenland Holdings' largest shareholder adjusts pledged shares

On December 17, 2025, Shanghai Greenland Investment Enterprise, the largest shareholder of Greenland Holdings Corporation, released 40m shares previously pledged to China CITIC Bank Shanghai Branch. Concurrently, Greenland Investment re-pledged the same 40m shares to China CITIC Bank on the same day. These pledged shares represent 1.10% of Greenland Investment's total holdings and 0.28% of the company's total share capital, with the pledge maturing on December 31, 2028. The purpose of this pledge is to support the company's production and operations.

Following this transaction, Greenland Investment holds 3,637,698,287 shares in Greenland Holdings, representing 25.88% of the company's total share capital. The cumulative number of pledged shares held by Greenland Investment now stands at 3,610,923,286 shares, which accounts for 99.26% of its total holdings. The financing amount for this pledge is 340m yuan.

Greenland Investment plans to manage its liquidity and repay maturing loans through self-owned or self-raised funds. The company will also monitor share price movements and engage with financing institutions to mitigate potential risks, including additional collateral or early repayment.