Shanghai Xianggang's shareholders have extended the deadline for the pledge of part of the shares to September 25, 2026.
Shanghai Xianggang Packaging Technology Co., Ltd. announced that Xiangwan Investment, a shareholder holding more than 5% of the company's shares, has extended the deadline for pledging a portion of its shares. As of the disclosure date of the announcement, Xiangwan Investment holds 59,693,340 shares of the company, accounting for 19.73% of the total share capital. After the extension, the cumulative pledged shares amount to 16,800,000 shares, accounting for 28.14% of its holdings and 5.55% of the total share capital. Xiangwan Investment and its concerted actors collectively hold 53.99% of the total share capital, with no change in the cumulative pledged shares. The pledge has been extended to September 25, 2026, without involving any new pledged financing. Xiangwan Investment operates stably with good creditworthiness, and this matter has no impact on the company's business, financing, or control rights.
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