Stanley Agriculture's controlling shareholder pledges shares for liquidity
Stanley Agriculture Group (SZSE:002588) announced today that its controlling shareholder, Mr. Gao Jinhua, has pledged 30,666,700 shares. This represents 7.88% of his total holdings and 2.66% of the company's total share capital. The pledge, initiated on December 16, 2025, and maturing on December 16, 2026, was made to Guotai Junan Securities Co., Ltd. for the purpose of supplementing working capital.
The company clarified that this action will not alter its actual control or create any liquidation risks, nor will it impact the company's operations or governance. Following this transaction, Mr. Gao Jinhua's total pledged shares amount to 80,666,700, constituting 20.73% of his total shares and 7.00% of the company's total share capital. All of these pledged shares are restricted. His unpledged restricted shares stand at 211,121,460, representing 48.14% of his total restricted shares.
The company's controlling shareholders confirm this pledge does not trigger any performance compensation obligations. Stanley Agriculture Group committed to continuously monitor the pledge and its associated risks, ensuring timely information disclosure to investors.
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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