Risen Energy controlling shareholder unpledges 7.5m shares

Oriental Risen Energy received notification from controlling shareholder Lin Haifeng regarding the unpledging of 7.5 million shares, representing 2.65% of his total holdings and 0.66% of the company's share capital.

Following this release, Lin's cumulative pledged shares now total 116.68 million, representing 41.23% of his total holdings and 10.23% of the company's share capital. The company confirmed there is currently no risk of forced liquidation for the pledged shares.