Luxshare Precision's controlling shareholder pledges more shares for business operations

Luxshare Precision Industry Co., Ltd. (SZSE:002475) received notification on August 26, 2025, that its controlling shareholder, Hong Kong Luxshare Co., Ltd., pledged 48,000,000 shares to Industrial Bank Co., Ltd. Shenzhen Branch. This represents 1.76% of Hong Kong Luxshare Co.'s total holdings and 0.66% of Luxshare Precision's total share capital. The pledge, for general business operations, commenced on August 25, 2025, and expires on September 1, 2028.

Following this latest pledge, Hong Kong Luxshare Co. now has 1,094,300,000 shares pledged, representing 40.06% of its total holdings and 15.09% of the company's total share capital. The company clarified that the controlling shareholder maintains a good credit standing and sufficient repayment capability, with no immediate risk of forced liquidation or transfer of shares.

The company assures that this partial share pledge will not materially impact its production and operations or corporate governance, nor will it lead to a change in the company's actual control. Investors are advised to monitor any future changes in share pledge status.