Zhefu holding controlling shareholder pledges additional shares for capital needs

Zhefu Holding Group recently announced its controlling shareholder, Tonglu Yuantong Industrial, has pledged an additional 51 million shares of the company. This pledge represents 3.89% of Tonglu Yuantong Industrial's total holdings and 0.98% of Zhefu Holding Group's total share capital. The shares were pledged to China Merchants Bank Hangzhou Branch for capital requirements, with the pledge commencing on December 22, 2025.

Following this transaction, Tonglu Yuantong Industrial now has 639,171,702 shares pledged, accounting for 48.71% of its holdings and 12.25% of the company's total share capital. Including the pledge of 275,740,000 shares by Sun Yi, a consistent actor, the total pledged shares amount to 914,911,702, representing 52.09% of their combined holdings and 17.53% of the company's total share capital.

The company stated that the controlling shareholder and its consistent actors possess the necessary repayment capabilities, with funding sourced from their own capital. The pledges do not involve non-operating fund occupation, illegal guarantees, or other infringements on the company's interests, nor do they impact the company's actual control, main business, or continuous operational capacity. The company assesses the pledge-related risks as controllable, with no immediate risk of liquidation or forced liquidation.