Antarctic e-commerce: The controlling shareholder partially lifted the pledged shares and pledged another 84 million shares.

date
12/12/2025
Antarctic e-commerce announced that its controlling shareholder and actual controller, Zhang Yuxiang, will partially release and re-pledge some of the shares. On December 11th, he pledged 84 million shares, accounting for 13.72% of the shares he held, and 3.42% of the total share capital. The pledge is due on December 10, 2027, and was used to replace the previous pledge to Galaxy. On December 12th, he released a total of 84 million shares, accounting for 13.72% of the shares he held, and 3.42% of the total share capital. As of the disclosure date of the announcement, Zhang Yuxiang and its concerted action persons have pledged a total of 273 million shares, accounting for 11.10% of the total share capital.