ZXZN QI-HOUSE (08395) obtained the pledge of shares from the controlling shareholder.

date
19:00 27/10/2025
avatar
GMT Eight
Zhongxian Intelligent Home Holdings (08395) has released an announcement. The company was informed on October 27, 2025, that...
ZXZN QI-HOUSE (08395) announced that on October 27, 2025, the company was informed that its ultimate controlling shareholder, Chairman and Executive Director Mr. Tang Deng (Mr. Tang), the company's controlling shareholder (as defined in the GEM Listing Rules) Yue Ding Limited (Yue Ding), and an independent third party Mr. Chen Jianghao (the Lender) entered into a loan agreement dated October 27, 2025, involving a loan financing of HK$16 million. 746 million ordinary shares of the company (the pledged shares) have been pledged for the benefit of the Lender to secure the loan granted to the controlling shareholder. Yue Ding is wholly owned by Mr. Tang. As of the date of this announcement, Mr. Tang directly owns 61.9 million shares of the company (representing approximately 3.91% of the company's issued share capital), and the controlling shareholder collectively owns 746 million shares of the company (representing approximately 47.09% of the company's issued share capital). The pledged shares represent approximately 47.09% of the company's issued share capital as of the date of this announcement. The pledged shares mentioned above do not fall within the scope of Rule 17.19 of the GEM Listing Rules.