Linzhou Heavy Machinery: Partial shares of actual controller released from pledge and re-pledged.

date
18/04/2026
The announcement of Linzhou Heavy Machinery stated that the actual controller of the company, Han Luyun, recently completed the procedures for the release and re-pledging of pledges. 30 million shares were released from pledge, accounting for 0.43% of the shares held, and 0.04% of the total share capital of the company; 270 million shares were re-pledged, accounting for 38.27% of the shares held, and 3.37% of the total share capital of the company. As of the announcement date, the controlling shareholder and its concerted action parties have pledged a total of 247 million shares, accounting for 77.82% of the shares held, and 30.76% of the total share capital of the company. The pledged shares expiring within the next six months and one year are 198 million shares and 247 million shares, respectively, with corresponding financing balances of 268 million yuan, and repayment funds are guaranteed, and there is no risk of forced liquidation.
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