Haisco Pharmaceutical's controlling shareholder unpledges 10m shares

Haisco Pharmaceutical Group Co., Ltd. announced its controlling shareholder and de facto controller, Mr. Wang Junmin, has unpledged a total of 10 million shares of the company's stock. This represents 2.50% of his total shareholding and 0.89% of the company's total share capital. The unpledging occurred in two tranches: 4.8 million shares were unpledged as they matured, while 5.2 million shares were unpledged early through mutual agreement.

The unpledged shares were originally pledged to Ping An Securities Co., Ltd. and Guotai Haitong Securities Co., Ltd. As of the announcement date, Mr. Wang Junmin's total pledged shares amount to 53.44 million, representing 13.38% of his current holding and 4.77% of the company's total share capital.

Following this transaction, Mr. Wang Junmin, along with his consistent actor Ms. Shen Ping, collectively hold 438.80 million shares, with a total of 53.44 million shares remaining pledged, which accounts for 12.18% of their combined holdings and 4.77% of the company's total share capital.