Lihua Foods' controlling shareholder unpledges significant stock volume

Jiangsu Lihua Foods Group Co., Ltd. announced that its actual controlling shareholder, Cheng Lili, has unpledged a total of 25,820,000 shares. This transaction represents 10.07% of his total shareholding and 3.08% of the company’s total share capital. The unpledged shares were originally pledged to Huatai Securities (Shanghai) Asset Management Co., Ltd. and Yunnan International Trust Co., Ltd.

Specifically, 12,820,000 shares (5.00% of his holding) were unpledged from Huatai Securities, with the pledge ending on September 9, 2025. An additional 13,000,000 shares (5.07% of his holding) were unpledged from Yunnan International Trust, with the pledge ending on September 10, 2025. None of the unpledged shares are restricted or frozen, and the company confirms no immediate flat-lining risk for the remaining pledged shares.

Following this release, Cheng Lili's remaining pledged shares amount to 60,350,000, representing 23.52% of his total holdings and 7.21% of the company's total share capital as of September 10, 2025. The company emphasizes that Cheng Lili maintains good credit and performance capabilities, and his pledged shares are not subject to any major asset restructuring or performance compensation guarantees.