Guangdong Hongtu shareholders release, re-pledge significant shares

Guangdong Hongtu Technology Holdings announced that three major shareholders—Gaoyao State-owned Assets Management Co., Gaoyao Hongtu Industrial Co., and Gaoyao Prosperous City Investment Development Group Co.—completed the release of 70 million shares previously pledged to Macau International Bank. This transaction, involving 10.54% of the company's total share capital, was finalized on November 17, 2025.

On the same day, Gaoyao State-owned Assets Management and Gaoyao Hongtu Industrial re-pledged a combined 55 million shares to Macau International Bank for financing purposes. This re-pledge represents 8.28% of Guangdong Hongtu's total share capital, with Gaoyao Hongtu Industrial pledging 31 million shares and Gaoyao State-owned Assets Management pledging 24 million shares.

Following these transactions, Gaoyao Hongtu Industrial has 31 million shares, or 49.61% of its holdings, currently pledged. Gaoyao State-owned Assets Management has 24 million shares, representing 48.92% of its holdings, under pledge. The three shareholders, acting as a concert party, collectively have 55 million shares, or 38.77% of their combined holdings, currently pledged.