Snibe's controlling shareholder extends pledge repurchase
Shenzhen New Industries Biomedical Engineering (SZSE:300832) announced that Xizang New Industry Investment Management, the company's controlling shareholder, has extended the repurchase deadline for 6.22 million of its pledged shares, including 970,000 shares of supplemental pledges. 5.25 million shares are extended to May 27, 2026, and are used for repayment of debt. 970,000 shares are extended to May 27, 2026, and are used as a supplemental pledge. As of the announcement, Xizang New Industry and its consistent actor, Weng Xian Ding, have cumulatively pledged 6.981 million shares, accounting for 29.56% of total holdings and 8.88% of SNIBE's total share capital. The company stated that the controlling shareholder's pledged shares currently do not face risks of forced liquidation.
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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