Linzhou Heavy Machinery's main shareholder re-pledges shares

Linzhou Heavy Machinery Group (SZSE:002535) announced that its controlling shareholder, Guo Xiansheng, recently completed the release and subsequent re-pledge of a portion of his shares. Specifically, 8,100,000 shares were released from pledge on April 17, 2025, with the original pledge dating back to March 26, 2024, with the pledgee being China Commercial Factoring. Immediately following the release, Guo re-pledged 9,900,000 shares on April 17, 2025, to China Commercial Factoring for personal use.