Chinalin Securities: Controlling shareholder pledges more shares for self-operation
Shenzhen Chinalin Securities Co., Ltd. announced that its controlling shareholder, Shenzhen Liye Group Co., Ltd., has pledged an additional 92 million shares of the company's stock. This transaction, executed on October 28, 2025, involved two separate pledges: 22 million shares to Beijing Bank Co., Ltd., Shenzhen Branch, and 70 million shares to Shanghai Bank Co., Ltd., Shenzhen Branch. Both pledges are for self-operation and development, and will remain in effect until the application for release of pledge registration.
Following these pledges, Liye Group's total pledged shares now stand at 550.3 million, representing 31.62% of its total shareholding and 20.38% of Chinalin Securities' total share capital. The company clarified that these pledged shares were not used for major asset restructuring, performance compensation, or other guarantees.
Chinalin Securities reassured investors that the pledge activities do not pose an immediate risk of liquidation or forced transfer of ownership. The company has committed to closely monitoring any changes in the pledge status and associated risks, and to fulfill its information disclosure obligations promptly.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
News Alerts
Get instant email alerts when Chinalin Securities publishes news
Free account required • Unsubscribe anytime