Digital China's controlling shareholder repurchases pledged shares
Digital China Information Service Company announced on May 30, 2025, that Digital China Software, its controlling shareholder, has repurchased 19,000,000 pledged shares, representing 4.88% of its holdings and 1.95% of Digital China's total share capital. The pledge, which began on December 25, 2023, was repurchased on May 29, 2025, from Guangfa Securities. Following this transaction, Digital China Software's cumulative pledged shares amount to 98,237,900, representing 25.22% of its holdings and 10.07% of Digital China's total share capital. The company stated that the repurchase will not impact its operations or governance and that Digital China Software possesses the financial capability to fulfill its obligations, with no risk of forced liquidation and no compensation obligations for Digital China.
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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