Sunlord electronics shareholder pledges shares amid record Q3 performance
Shenzhen Sunlord Electronics announced that its shareholder, Xinyu Hengshuntong Electronic Technology Development Co., Ltd. (Hengshuntong), pledged 4.3m shares. This represents 7.75% of its holdings and 0.53% of the company's total share capital. The pledge, for financing purposes, is effective until October 24, 2025, with Shenzhen High-Tech Investment Group Co., Ltd. as the pledgee. Hengshuntong's cumulative pledged shares now total 38.76m, or 69.84% of its holdings.
The pledge comes as Shenzhen Sunlord Electronics reports robust third-quarter results for 2025, with sales revenue reaching 1.8bn yuan, a 20.21% year-on-year increase and a new historical high. Net profit attributable to shareholders increased by 10.6% year-on-year to 283.2m yuan. The company’s total assets grew by 3.98% to 13.2bn yuan as of September 30, 2025.
The company also disclosed that its share repurchase program was completed on February 10, 2025, repurchasing 7.04m shares for 219.9m yuan.
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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