FilingReader Intelligence

Kangtai Biological's controlling shareholder extends share pledge

December 2, 2025 at 05:17 AM UTCBy FilingReader AI

Shenzhen Kangtai Biological Products announced on December 1, 2025, that Du Weimin, the company's controlling shareholder and actual controller, has extended the pledge of 13,530,000 shares. These shares represent 4.75% of his total holdings and 1.21% of the company's total share capital. The original pledge, set to expire on December 1, 2025, has been extended to December 1, 2026, with China Merchants Securities Co., Ltd. for pledge replacement.

As of the announcement date, Du Weimin's total pledged shares amount to 44,580,000, representing 15.65% of his total holdings and 3.99% of the company's total share capital. Of these, 28,000,000 shares are restricted or frozen, accounting for 62.81% of his pledged stake. The company stated there is no immediate risk of forced liquidation or transfer, and the pledge is within controllable limits, with no expected impact on the company's operational control or business activities.

The company will continue to monitor share pledge changes and associated risks, fulfilling its information disclosure obligations.

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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