Zhejiang Sunflower controlling shareholder pledges 40m shares

Zhejiang Sunflower Great Health Technology Co., Ltd. (SZSE:300111) disclosed that its controlling shareholder, Wu Jianlong, has pledged 40,000,000 shares, representing 10.79% of his total holdings and 3.11% of the company's total share capital. The pledge was made to the Agricultural Bank of China Limited Shaoxing Yuezhong Sub-branch and is for the purpose of the shareholder's own production and business operations. The pledge period is from September 4, 2025, until the completion of pledge release registration. The company confirmed that this pledge does not involve any performance compensation obligations related to major asset restructurings.

Following this transaction, Wu Jianlong's total pledged shares now amount to 281,000,000 shares, which constitutes 75.82% of his holdings and 21.83% of the company's total share capital. His related party, Zhejiang Yingzhun Investment Co., Ltd., holds 1.19% of the company's shares, none of which are currently pledged.

The company stated that the financing from this pledge is not for its own production and operational needs. Wu Jianlong has no pledges maturing in the next six months. Pledges totaling 37,000,000 shares (9.98% of his holdings, 2.87% of total share capital) are due in the next year, with a corresponding financing balance of 101,000,000 yuan. These obligations are expected to be met through self-raised funds. The company also confirmed that this pledge will not significantly impact its operations or governance, and Wu Jianlong and his related parties have no outstanding non-operational funds or illegal guarantees with the company.