Shandong Yisheng controlling shareholder unpledges significant block of shares
Shandong Yisheng Livestock & Poultry Breeding Co., Ltd. (SZSE:002458) announced that its controlling shareholder and de facto controller, Mr. Cao Jisheng, has released a pledge on 22.52m shares. This transaction, completed on September 8, 2025, from a pledge initiated on September 28, 2023, with China CITIC Bank Qingdao Branch, represents 4.99% of Mr. Cao's total holdings and 2.04% of the company's total share capital.
Following this release, Mr. Cao Jisheng now has 198.81m shares cumulatively pledged, which accounts for 44.02% of his total shares and 17.97% of the company's total share capital.
The company stated that Mr. Cao Jisheng possesses the financial capacity to meet his obligations, and there is no risk of a forced liquidation or transfer of the pledged shares. The pledge activities are not expected to change the company's actual control or negatively impact its operations or corporate governance. Shandong Yisheng will continue to monitor the pledge situation and fulfill its information disclosure duties.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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