Sichuan Shuangma Cement's controlling shareholder re-pledges shares for debt settlement

Beijing Hexie Hengyuan Technology Co., Ltd., the controlling shareholder of Sichuan Shuangma Cement, recently released 22,000,000 shares from pledge. This amount represents 5.45% of its total holdings and 2.88% of the company's total share capital. This transaction, executed through Sinolink Securities Asset Management Co., Ltd., concluded on November 3, 2025.

Immediately after the release, Hexie Hengyuan re-pledged 10,000,000 shares, equating to 2.48% of its holdings and 1.31% of Sichuan Shuangma Cement's total share capital. The re-pledge, initiated on November 4, 2025, and maturing on December 4, 2025, was facilitated by Guosen Securities Co., Ltd. to repay debt. The company states that the pledged shares are not subject to performance compensation obligations from major asset restructurings and there is no risk of margin calls.

As of the announcement date, Hexie Hengyuan holds 202,446,032 shares (26.52% of total share capital). Including its concert parties, Tianjin Saikehuan Enterprise Management Center and LAFARGE CHINA OFFSHORE HOLDING COMPANY LTD., the combined holding stands at 403,883,669 shares, or 52.90%. Post-transaction, Hexie Hengyuan's cumulative pledged shares amount to 103,726,667, representing 13.59% of the company's total share capital.