Hengyuan Gas: Controlling shareholder's concerted action person pledged 6.88 million shares.

date
20/11/2025
According to the announcement by Far Gas, on November 19, 2025, the controlling shareholder and concerted actor, Yang Yongfa and Feng Jie respectively pledged 4.95 million shares and 1.93 million shares, accounting for 72.32% and 69.92% of their shares held respectively, and 2.34% and 0.91% of the total share capital of the company. The purpose of the pledge is for personal funding needs, and the pledge period is until November 18, 2027. As of the disclosure date of the announcement, the controlling shareholder and concerted actor have pledged a total of 29.3098 million shares, accounting for 13.84% of the total share capital of the company. They have the ability to fulfill their obligations, the pledge will not result in a change in control, and there is no risk of forced liquidation.