Ruili New Materials: Xinzhao New Materials pledged 2 million shares.

date
13/05/2025
Rayonew Materials announced that Xinzhao New Materials, the acting in concert person of Liu Xiaochun, a shareholder holding more than 5% of the company's shares, holds 12.2821 million shares of the company, accounting for 7.14% of the total share capital of the company. Xinzhao New Materials pledged 2 million shares of the company's stock this time, accounting for 16.28% of its holdings, and 1.16% of the total share capital of the company. The pledge start date is May 9, 2025, with the pledgee being Shaanxi Jianghao Entrepreneurship Investment Co., Ltd., and the pledged financing funds used for its own capital needs. Xinzhao New Materials has pledged a total of 2 million shares, accounting for 16.28% of its holdings and 1.16% of the total share capital of the company.