Muyuan Industrial Group unpledges significant Muyuan Foods shares
Muyuan Industrial Group, a significant shareholder of Muyuan Foods Co., Ltd., announced the unpledging of 64,200,000 shares. This represents 7.56% of its total holdings and 1.18% of the company's total share capital. The pledge, originally established on February 13, 2023, was released on November 12, 2025, with CITIC Bank Co., Ltd. Nanyang Branch as the pledgee.
Following this transaction, Muyuan Industrial Group's cumulative pledged shares now stand at 172,678,000, accounting for 20.34% of its holdings and 3.16% of Muyuan Foods' total share capital. The company emphasized that the shareholder maintains good credit and repayment capacity.
Muyuan Foods also stated that the remaining pledged shares held by the actual controller and its concerted parties do not pose substantial repayment risks or face immediate liquidation, indicating controlled pledge risk.
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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