Sunlord Electronics: Shareholder Hengshuntong pledges additional shares

Shenzhen Sunlord Electronics (SZSE:002138) announced that its shareholder, Xinyu Hengshuntong Electronic Technology Development Co., Ltd. ("Hengshuntong"), has pledged 1,750,000 shares, representing 3.15% of its holdings and 0.22% of Sunlord's total share capital. The pledge period is from April 21, 2025, to April 12, 2026, with GF Securities Co., Ltd. as the pledgee. As of the announcement date, Hengshuntong's cumulative pledged shares totaled 38,763,000, accounting for 69.84% of its holdings and 4.81% of Sunlord's total share capital. The company clarified that Hengshuntong's share pledge does not involve funds being used for the production and operation needs of Sunlord, nor does it pose significant risks to Sunlord's operations or corporate governance.