Kingkey Smart Agriculture shareholder unpledges 6.5m shares

Shenzhen Kingkey Smart Agriculture Times Co. announced that its controlling shareholder, Kingkey Group, has unpledged a total of 6,500,000 shares, representing 1.23% of the company's total share capital. Specifically, 3,100,149 shares initially pledged on July 21, 2025, and 3,399,851 shares pledged on September 22, 2025, were both released on November 10, 2025. The unpledged shares were held by natural person Guo Jiankang.

As of the disclosure date, Kingkey Group and its concerted party, Shenzhen Kingkey Times Industrial Co., Ltd., cumulatively have 260,134,360 shares pledged, representing 49.06% of the company's total share capital. Kingkey Group's remaining pledged shares amount to 104,049,049, while Kingkey Times has 156,085,311 shares pledged.

The company stated that the current share pledge arrangements do not pose any risk of forced liquidation and will not impact the company's production, operations, or corporate governance. Investors are advised to be aware of investment risks.