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Mindray Medical's controlling shareholder adjusts share pledge status

September 12, 2025 at 08:40 AM UTCBy FilingReader AI

Magnifice (HK) Limited, the controlling shareholder of Shenzhen Mindray Bio-Medical Electronics, reported a new share pledge of 5.6m shares, representing 1.89% of its total holdings and 0.46% of the company's total share capital. The pledge, effective September 11, 2025, with Ping An Bank Co., Ltd. Shenzhen Branch, will last until the completion of the pledge release registration.

Concurrently, Magnifice (HK) Limited also released pledges for 5m shares. This includes 300,000 shares (0.10% of holdings) released on June 5, 2025, and 4.7m shares (1.58% of holdings) released on January 15, 2025, all with Ping An Bank Co., Ltd. Shenzhen Branch. Both releases matured on September 11, 2025.

Following these transactions, the total cumulative pledged shares by Magnifice (HK) Limited amount to 35.95m shares, representing 12.11% of its holdings and 2.97% of the company's total share capital. The company confirmed that none of the pledged shares are frozen, auctioned, or subject to trust arrangements, and there is no current risk of forced liquidation.

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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