NanJi e-commerce controlling shareholder pledges more shares

NanJi e-commerce Co., Ltd. announced that its controlling shareholder and actual controller, Zhang Yuxiang, has pledged 32,570,000 shares of the company. This transaction, executed with CITIC Securities Co., Ltd., accounts for 5.32% of his total holdings and 1.33% of the company's total share capital. The pledge began on September 29, 2025, and is set to expire on September 29, 2026, with the stated purpose of meeting personal capital requirements. The pledged shares do not involve any burden from major asset restructurings or performance compensation obligations.

Following this pledge, Zhang Yuxiang's total pledged shares now stand at 286,570,000, representing 46.81% of his overall shareholding in NanJi e-commerce and 11.67% of the company's total share capital. A significant portion of these pledged shares, 270,677,366, are restricted or frozen, indicating that 94.45% of his pledged shares are subject to limitations. The remaining unpledged shares amount to 188,442,046, of which 57.88% are restricted or frozen.