Longjian Road and Bridge: Controlling shareholder pledges 440 million yuan convertible bonds for financing.

date
13/02/2026
Longjian Road and Bridge announced recently that it has received a notification from its controlling shareholder, Jianinvest Group, stating that they will pledge their 440 million yuan convertible bonds for pledge business. The starting date of the pledge is February 12, 2026, and the pledgee is Shandong International Trust Co., Ltd. The pledged proportion of convertible bonds held by Jianinvest Group is 100%, accounting for 44% of the total issuance of convertible bonds. The purpose of the pledge is for financing. This pledge does not involve being used as a guarantee for major asset restructuring, performance compensation, or other matters. The pledge risk is controllable and will not have a significant impact on the company.