Chinalin Securities: Controlling shareholder re-pledges significant stake

Shenzhen Chinalin Securities Co., Ltd. announced that its controlling shareholder, Shenzhen Liye Group Co., Ltd., has completed the release and re-pledge of a portion of its shares. On December 9, 2024, Liye Group released 54,000,000 shares, representing 3.10% of its total holdings and 2.00% of Chinalin Securities' total share capital, which were previously pledged to the Shenzhen Luohu District Branch of Postal Savings Bank of China Co., Ltd.

Immediately following the release, 44,000,000 shares, representing 2.53% of Liye Group's holdings and 1.63% of Chinalin Securities' total share capital, were re-pledged to the same bank. This re-pledge commenced on December 17, 2025, for the shareholder's own production and operations. The company confirmed this transaction does not involve major asset restructuring or performance compensation.

As of the announcement date, Liye Group holds 1,740,397,076 shares, or 64.46% of Chinalin Securities' total share capital. Following the latest transaction, Liye Group has 557,300,000 shares, or 32.02% of its total holdings and 20.64% of Chinalin Securities' total share capital, pledged. The company stated there is no risk of forced liquidation or compulsory transfer of ownership for the pledged shares.