Chow Tai Seng Jewellery’s controlling shareholder adjusts equity pledges, expands retail footprint
Chow Tai Seng Jewellery announced its controlling shareholder, Chow's Investment, pledged 17,580,000 shares, representing 2.89% of its holdings and 1.62% of the company’s total share capital. Concurrently, Chow’s Investment also released 20,500,000 pledged shares, which constituted 3.37% of its holdings and 1.89% of the company's total share capital. As of the announcement date, Chow’s Investment and its concerted parties have a total of 51,280,000 pledged shares, representing 7.39% of their total holdings and 4.72% of the company's total share capital. The company asserts these transactions do not pose a risk of forced liquidation or a change in actual control.
In a related development, Chow Tai Seng Jewellery expanded its retail footprint in October 2025 by opening five new self-operated stores across China, including locations in Jinan, Beijing, Guiyang, and Suzhou. The total planned investment for these new stores, which primarily offer plain gold and inlaid products, ranges from 320,000 to 702,000 yuan per store. This strategic expansion aligns with the company's ongoing operational growth.
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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