Kingdee Technology: Controlling shareholder releases 6.67 million shares from pledge and re-pledges them.
Jinyi Technology announced that recently, the controlling shareholder of the company, Minxing Electronics, has pledged and re-pledged 6.67 million shares. The pledge expiration date is until the registration procedures for the release of the pledge are completed. The pledgee is Shenzhen High-Tech Investment Micro-loan Co., Ltd., and the purpose of the pledge is for its own fund needs. As of the disclosure date of the announcement, Minxing Electronics and its concerted parties have pledged shares totaling 47.61% of their holdings, accounting for 10.14% of the company's total share capital. The pledge risk is controllable.
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