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Luxshare Precision's shareholder adjusts equity pledges

November 28, 2025 at 05:41 PM UTCBy FilingReader AI

On November 28, 2025, Luxshare Precision Industrial Co., Ltd. announced that its controlling shareholder, Luxshare Limited (Hong Kong), partially released and re-pledged company shares. Specifically, 33,508,000 shares, representing 1.23% of Luxshare Limited's holdings and 0.46% of the company's total share capital, were released from pledge with Ping An Bank.

Concurrently, Luxshare Limited re-pledged 16,000,000 shares to Xiamen International Bank Co., Ltd. Shanghai Branch and 40,000,000 shares to Ping An Bank. These new pledges total 56,000,000 shares, accounting for 2.05% of Luxshare Limited's holdings and 0.77% of the company's total share capital. All transactions were completed with the Shenzhen branch of China Securities Depository and Clearing Corporation Limited.

As of November 28, 2025, Luxshare Limited and its concerted parties hold 2,751,391,783 shares, representing 37.77% of the total share capital. Cumulative pledged shares now stand at 1,073,792,000, which is 39.31% of their total holdings and 14.74% of the company's total share capital. The company affirmed these actions do not affect its operations or governance, and the controlling shareholder maintains good credit with no immediate risk of forced liquidation.

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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