CONCORD HC GP (02453) has had shares pledged by its controlling shareholder.

CONCORD HC GP (02453) announced that one of its controlling shareholders, Beijing Taihecheng Medical Technology Co., Ltd. (Beijing Taihecheng), has pledged 35,602,300 H shares of the company to Zhongcheng Trust Co., Ltd. (Zhongcheng) as the beneficiary, as collateral for loans with a maximum total amount not exceeding RMB 500 million (H share pledge). On September 8, 2026, the company received notification from Beijing Taihecheng that (i) the H share pledge has been fully released; (ii) on the same day, Beijing Taihecheng has pledged 35,602,300 H shares of the company to Zhongcheng as the beneficiary, representing approximately 100% of the shares held directly by Beijing Taihecheng in the company, as collateral for loans provided by Zhongcheng to the group with a total amount not exceeding RMB 300 million. As of the date of this announcement, the H shares pledged by Beijing Taihecheng account for approximately 4.54% of the total issued shares of the company. To the knowledge of the board, Zhongcheng is an independent third party to the company and its associates.