Chujiang New Materials: controlling shareholder releases pledge of 35 million shares.

date
23/03/2026
Chujiang New Materials announced that on March 23, 2026, the company received notification from its controlling shareholder Chujiang Group that it will release 35 million pledged shares, accounting for 8.83% of its total holdings and 2.16% of the company's total share capital. As of the disclosure date of the announcement, Chujiang Group holds a total of 396,206,546 shares in the company, accounting for 24.41% of the total share capital, with a total of 113 million shares pledged, accounting for 28.52% of its holdings. Chujiang Group has a good credit rating, and there is no risk of margin call for the pledged shares, which has no impact on the company.