Zhongxin Fluoromaterials: The controlling shareholder pledged 6 million shares for its own production and operation.

date
12/03/2026
Zhongxin Fluoride Materials announced that recently, the company's controlling shareholder, Baiyun Group, pledged 6 million shares to the Hangzhou Chengxi Branch of Agricultural Bank of China Limited, accounting for 9.23% of its shareholding and 1.79% of the total share capital of the company. The starting date of the pledge is March 11, 2026, and the purpose of the pledge is for self-production and operation. As of the disclosure date of the announcement, the controlling shareholder and its concerted actors have pledged a total of 17.5 million shares, accounting for 18.49% of their shareholding and 5.22% of the company's total share capital. Currently, the pledge risk is controllable, and there is no substantial impact on the company's production and operation.