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Lianchuang Electronic's largest shareholder extends pledge, some shares newly pledged

June 27, 2025 at 10:48 AM UTCBy FilingReader AI

Lianchuang Electronic Technology (SZSE:002036) announced that its controlling shareholder, Jiangxi Xin Sheng Investment, has extended the maturity date on existing share pledges and also pledged an additional 6,000,000 shares, representing 6.55% of its holdings and 0.57% of Lianchuang's total share capital, to Taizhou Guorui Financial Leasing for its own business operations. Concurrently, it extended the maturity on a previous pledge of 6,600,000 shares to Zhejiang Bingdian Pawn, expiring on June 25, 2025. As of the announcement, Jiangxi Xin Sheng has pledged a cumulative 72,080,000 shares, representing 78.70% of its holdings and 6.80% of Lianchuang’s total share capital. The announcement also states that Jiangxi Xin Sheng has the financial capacity to repay debts.

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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