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Yuneng Capital pledges shares in SPIC Dongfang New Energy

July 7, 2025 at 05:24 PM UTCBy FilingReader AI

SPIC Dongfang New Energy Corp announced today that its shareholder, Yunnan Yuneng Capital Investment Co., Ltd. (Yuneng Capital), has pledged 174,200,000 shares of the company to China Merchants Securities. This represents 36.43% of Yuneng Capital's holdings and 3.24% of SPIC Dongfang New Energy's total share capital. The pledge period is from July 2, 2025, to July 1, 2028, and serves to secure a loan repayment for Yuneng Capital. Following this pledge, Yuneng Capital's cumulative pledged shares total 174,200,000. Currently, Yuneng Capital holds 478,206,986 shares (8.88%). After the pledge, 63,000,000 remain unpledged (20.72%).

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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