China Tianying controlling shareholder unpledges significant stock volume

China Tianying Co. announced today that its controlling shareholder, Nantong Qianchuang Investment Co., has completed the unpledging of 13,124,193.5 shares. This represents 31.14% of Nantong Qianchuang's total holdings and 5.50% of China Tianying's total share capital. The unpledged shares were originally pledged to institutions including Zheshang Jin Hui Trust Co., Xiamen Rural Commercial Bank Co., and Guotong Trust Co., with release dates ranging from November 19, 2025, to November 20, 2025.

Following this transaction, Nantong Qianchuang, along with its concerted parties Nantong Kunde Investment Co. and Yan Shengjun, collectively hold 59,076,894.5 shares, representing 24.74% of China Tianying's total share capital. The cumulative pledged shares for these parties now stand at 38,707,806.5 shares, which is 65.52% of their total holdings and 16.21% of the company's total share capital.

The company stated that Nantong Qianchuang and its concerted parties possess strong credit and risk control capabilities. It affirmed that the pledged shares do not pose a risk of forced liquidation or transfer, nor will they alter the company's actual control. This action is not expected to adversely affect China Tianying's production, operations, or governance.