Linzhou Heavy Machinery controller pledges more shares for company guarantees

Linzhou Heavy Machinery Group Co. Ltd. announced that its de facto controller, Ms. Han Luyun, and party acting in concert, Mr. Guo Hao, have pledged a total of 7.7 million shares. This transaction represents 0.96% of the company's total share capital.

Specifically, Ms. Han Luyun pledged 2.55 million shares (3.61% of her holdings, 0.32% of total share capital), and Mr. Guo Hao pledged 5.15 million shares (79.53% of his holdings, 0.64% of total share capital). The pledges commenced on December 19, 2025, primarily for company guarantees, with China Everbright Bank Anyang Branch as the pledgee.

Following this latest transaction, the cumulative pledged shares by the controlling shareholder and parties acting in concert now stand at 246.07 million shares, representing 77.65% of their total holdings and 30.69% of the company's total share capital. Mr. Guo Xiansheng has 189.12 million shares pledged (79.85% of his holdings), and Ms. Han Luyun has 51.8 million shares pledged (73.42% of her holdings).

The company confirmed there is currently no risk of forced liquidation for the pledged shares and will continue to monitor the pledge status and related risks.