Levima Advanced Materials: Shareholder adjusts major stock pledge

Levima Advanced Materials Corporation announced its controlling shareholder, Levima Group Co., Ltd., has both released and pledged a significant amount of the company's shares. On September 23, 2024, Levima Group released a pledge of 79.95 million shares, representing 12.27% of its total holdings and 5.99% of the company's total share capital. The pledge was held by Shanghai Haitong Securities Asset Management Co., Ltd.

Concurrently, on August 29, 2025, Levima Group pledged an additional 56.20 million shares, accounting for 8.63% of its holdings and 4.21% of the company's total share capital, to Guojin Securities Asset Management for funding requirements. This pledge is scheduled to expire on August 26, 2028.

Following these transactions, Levima Group's cumulative pledged shares amount to 193.15 million shares, representing 29.65% of its total holdings and 14.46% of Levima Advanced Materials' total share capital. Despite these adjustments, the company states that Levima Group maintains a strong credit standing, ensuring no immediate risk of forced liquidation or impact on company operations or governance.