Donghong Group: The actual controller, Ni Liying, pledged 5.8 million shares for debt-related investments.
Donghong Corporation announced that the actual controller, Ni Liying, pledged 5.8 million shares on March 25, 2026, accounting for 18.54% of the shares held by him, and 2.06% of the total share capital of the company. The deadline for the pledge is September 25, 2026, and the funds will be used for debt investment. As of the announcement date, Ni Liying holds 31.2813 million shares of the company, accounting for 11.09% of the total share capital, with a cumulative pledge of 15.3 million shares, accounting for 48.91% of his shareholding and 5.42% of the total share capital. Ni Liying and its concerted action parties collectively hold 167 million shares of the company, accounting for 59.21% of the total share capital, with a cumulative pledge of 18.3 million shares, accounting for 10.96% of their shareholding and 6.49% of the total share capital. This pledge will not result in a change in the company's actual control rights.
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