Xingye Mining parent unfreezes 20% stake worth of shares

Inner Mongolia Xingye Mining announced that its controlling shareholder, Inner Mongolia Xingye Gold Smelting Group, has had 363,320,020 shares unfrozen from judicial freezes by the Chifeng Intermediate People's Court.

The unfrozen shares represent 20.46% of the company's total share capital. The controlling shareholder also released pledges on an additional 934,779 shares.

All previously frozen and pledged shares held by the controlling shareholder are now unfrozen and unpledged.