Sunlord Electronics shareholder pledges shares for business operations

New Yu City Hengshun Tong Electronic Technology Development Co., Ltd. (Hengshun Tong), a shareholder of Shenzhen Sunlord Electronics, has pledged 4.3m shares, representing 0.53% of the company's total share capital. The pledges occurred on December 1, 2025, with Shenzhen Shentan Zengjin Financing Guarantee Co., Ltd. acting as the pledgee.

Following these transactions, Hengshun Tong has 35.044m shares pledged, constituting 63.14% of its total holdings and 4.35% of the company's total share capital. The company clarified that these pledged shares are not for meeting production and operational needs related to the listed company. Hengshun Tong confirmed no non-operating funds are being used, nor are there any violations of guarantees or other actions detrimental to the listed company's interests.

The pledges do not have a defined expiration date, making it impossible to determine the cumulative number of pledged shares due in the next six to twelve months. Despite this, Hengshun Tong maintains a strong credit profile and repayment capacity, drawing from its own funds, stock dividends, and investment income, indicating no current debt or liquidation risk. The company states that this transaction will not substantially impact the company's production, operations, or corporate governance.