China Transinfo shareholder partially pledges, releases stock

Beijing China Transinfo Group, a major shareholder in China Transinfo Technology Co., Ltd., has partially pledged and released shares. The group pledged 14,450,000 shares, representing 16.19% of its holdings and 0.91% of the company's total share capital, to China Securities Co., Ltd. for production and operation purposes. Concurrently, the group released 14,450,000 shares previously pledged to China Securities. As of the announcement, Beijing China Transinfo Group and its consistent actors have pledged a cumulative of 92,480,372 shares, accounting for 49.48% of their total holdings and 11.83% of the company's total share capital. The announcement noted that the share pledges are not related to production and operation, and the current financial status of those involved is stable.