Rongda Photosensitive controlling shareholder unpledges significant block of shares

Shenzhen Rongda Photosensitive & Technology Co., Ltd. (SZSE:300576) announced that its controlling shareholder, Mr. Lin Haiwang, has released a portion of his pledged shares. A total of 2,400,000 shares were unpledged, representing 5.44% of Mr. Lin's total holdings and 0.66% of the company's total share capital. The pledge release occurred on November 19, 2024, with the original pledge starting on November 20, 2024. The shares were held by Shenzhen Hi-Tech Investment & Financing Guarantee Co., Ltd. as the pledgee.

Following this transaction, Mr. Lin Haiwang, along with parties acting in concert, collectively hold 155,873,089 shares, accounting for 42.55% of the company's total share capital. Mr. Lin's remaining pledged shares amount to 18,922,000, representing 42.90% of his total holdings and 5.16% of the company's total share capital. Of these pledged shares, 16,522,000 are restricted as high-level management lock-up shares.

The company clarified that the number of unpledged shares was adjusted from an initial 2,000,000 to 2,400,000 following the completion of the 2024 equity distribution plan on May 27, 2025. This adjustment reflects the impact of the equity distribution on the pledged share count.