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Han's Laser controlling shareholder adjusts share pledge portfolio

November 25, 2025 at 09:10 AM UTCBy FilingReader AI

Han's Laser Technology Industry Group Co., Ltd. announced that its controlling shareholder, Han's Holdings Group Co., Ltd., has released and pledged a portion of its shares. A total of 13,200,000 shares were released from pledge, representing 8.16% of Han's Holdings' total shares and 1.28% of Han's Laser's total share capital. Concurrently, 11,100,000 new shares were pledged, equivalent to 6.86% of Han's Holdings' shares and 1.08% of Han's Laser's total share capital, primarily for supplementing working capital.

Following these transactions, Han's Holdings and its consistent action party, Gao Yunfeng, have 196,260,000 shares pledged, representing 76.04% of their total holdings and 19.06% of Han's Laser's total share capital. The financing from these pledges is intended for Han's Holdings' operational activities. Han's Holdings has no non-operating fund occupation or illegal guarantees that infringe upon the interests of listed companies.

Han's Holdings and Gao Yunfeng anticipate 1,641m shares to mature within the next six months for Han's Holdings and 2,243m shares for Gao Yunfeng. Within one year, Han's Holdings' cumulative maturing pledged shares total 8,813m, while Gao Yunfeng's total 3,003m. Repayment sources include project sales, property rental income, and additional financing, indicating sufficient repayment capacity. The company confirms no frozen, auctioned, or trust-set shares, and no risk of forced liquidation or change in control.

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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