China Jiahua (02453.HK) obtains pledge of shares by controlling shareholder.

date
05/11/2025
Zhixin Finance and Economics APP News, Meizhong Jiahe (02453.HK) announced that Shanghai Medical Star pledged a total of 23.07 million domestic shares, 64.10 million domestic shares, and 8.9673 million domestic shares of the Company as collateral for a loan financing of up to RMB 500 million (pledged shares) with Zhong Cheng as the beneficiary. In accordance with the terms and conditions of the loan agreement regarding the pledged shares and additional pledged shares entered into by the Company with Zhong Cheng on July 10, 2024, and to further guarantee the Company's obligations under the loan agreement, on November 4, 2025, the Company's controlling shareholder Beijing Taihecheng agreed to pledge all of its 35.6023 million H shares of the Company directly held by Zhong Cheng as the beneficiary. As of the date of this announcement, the Company's H shares pledged by Beijing Taihecheng account for approximately 4.54% of the total number of issued shares of the Company.