FilingReader Intelligence

Sunlord Electronics chairman releases significant pledged shares

September 18, 2025 at 08:41 AM UTCBy FilingReader AI

Shenzhen Sunlord Electronics Co., Ltd. announced that its chairman has completed the release of a portion of his pledged shares. A total of 1.1 million shares were unpledged, representing 2.73% of his total holdings and 0.14% of the company's total share capital. The shares, originally pledged on September 11, 2024, were released on September 17, 2025, with China Postal Savings Bank Co., Ltd. Shenzhen Huaqiangbei Branch as the pledgee.

Following this transaction, the chairman now holds 40,359,057 shares, accounting for 5.0054% of the company. His pledged shares have decreased from 25.47 million to 24.37 million shares, representing 60.38% of his total holdings and 3.02% of the company's total share capital.

Other consistent acting parties, Zeng Xiaohua and Yuan Cong, hold 11,700 and 35,500 shares respectively, with Yuan Cong having 26,625 unpledged shares, representing 75.00% of his holdings. The combined total pledged shares for the chairman and his consistent acting parties now stand at 24.37 million shares, making up 60.31% of their collective holdings and 3.02% of the company's total share capital.

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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