Wanhua Chemical: Shareholders with more than 5% of the shares pledged 20 million shares for debt investments.

date
10/06/2026
Wanhua Chemical announced that its shareholder Yantai Zhongcheng Investment Co., Ltd. pledged 20 million shares on June 9, 2026, accounting for 6.05% of its shareholding and 0.64% of the total share capital of the company. The pledged financing funds are used for debt investment. As of the disclosure date of the announcement, Zhongcheng Investment has pledged a total of 66 million shares, accounting for 19.98% of its holding; it and its concerted action party Kaisin have pledged a total of 136 million shares, accounting for 4.34% of the total share capital of the company.