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Xi'an International Medical controlling shareholder unpledges significant block of shares

November 5, 2025 at 09:03 AM UTCBy FilingReader AI

Xi'an International Medical Investment Co., Ltd. (SZSE:000516) announced that its controlling shareholder, Shaanxi Century New Retail Commercial Management Co., Ltd. ("Century New Retail"), has completed the release of a share pledge. A total of 34,064,211 shares, representing 5.53% of Century New Retail's holdings and 1.52% of the company's total share capital, were unpledged. The shares had been pledged to Chang'an International Trust Co., Ltd. from February 26, 2024, with the release occurring on November 4, 2025.

Following this transaction, Century New Retail's cumulative pledged shares decreased from 483,014,211 to 448,950,000, now representing 72.87% of its total holdings and 20.05% of the company's total share capital. The company clarified there is no risk of a forced liquidation of the pledged shares, nor will it lead to a change in the company's actual control or adversely affect its operating results and financial condition.

The announcement emphasizes that the company will continue to monitor the shareholder's share pledge and associated risks, urging investors to exercise caution. This release marks a notable reduction in the controlling shareholder's pledged equity.

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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