Fangda Special Steel: Shareholders holding more than 5% of the shares pledge to extend and supplement the pledged shares.

date
22/07/2026
Fangda Special Steel announced that its shareholder Jiangxi Banhuang will extend the pledge of 84.04 million shares, accounting for 47.80% of its holdings in the company and 3.63% of the total share capital; also pledge an additional 10.25 million shares, accounting for 5.83% of its holdings in the company and 0.44% of the total share capital. As of the disclosure date, Jiangxi Banhuang has pledged a total of 95.47 million shares, accounting for 54.30% of its holdings in the company and 4.13% of the total share capital. The controlling shareholder Fangda Steel has pledged a total of 527.84 million shares, accounting for 70.08% of its holdings in the company and 22.82% of the total share capital. The total pledge of the two parties is 623.31 million shares, accounting for 67.09% of the total holdings in the company and 26.95% of the total share capital. The risk of this pledge is controllable and has no significant impact on the company.