Truchum Group pledges more shares in Anhui Truchum Advanced Materials
Anhui Truchum Advanced Materials & Technology Co., Ltd. received notification on November 11, 2025, from its controlling shareholder, Anhui Truchum Investment Group Co., Ltd. (Truchum Group), regarding the pledge of 50,000,000 shares. This represents 12.62% of Truchum Group's total holdings and 3.08% of the company's current total share capital. The pledge was made to China CITIC Bank Wuhu Branch for financing purposes.
Following this transaction, Truchum Group's total pledged shares amount to 113,000,000, representing 28.52% of its holdings and 6.96% of the company's total share capital. Truchum Group currently holds 396,206,546 shares, accounting for 24.41% of the company's total share capital.
The company stated that Truchum Group has good credit standing and repayment capability, with no immediate risk of a forced liquidation of the pledged shares. The pledge is not expected to impact the company's production, operations, or corporate governance. The company will continue to monitor the pledge status and related risks, providing timely disclosures as required.
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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