Envicool executive pledges more shares for liquidity

Shenzhen Envicool Technology Co., Ltd. announced that its actual controller, Qi Yong, has pledged 1.69m shares of the company, representing 3.07% of his total holdings and 0.17% of the company's total share capital. These shares are restricted, being high-level management locked-up shares, and were pledged to China Merchants Securities Co., Ltd. as collateral for loans to supplement the company's working capital. The pledge commenced on December 4, 2025.

Following this transaction, Qi Yong's cumulative pledged shares now total 6,204,640, accounting for 11.26% of his total holdings and 0.64% of the company's total share capital. All of Qi Yong's pledged shares are currently restricted and frozen. The total pledged shares by Qi Yong and his consistent acting party amount to 32,624,033, which is 10.87% of their combined holdings and 3.34% of the company's total share capital. The company clarified that this share pledge does not involve any significant asset restructuring or performance compensation obligations.