Mingxin New Material's shareholders holding over 5% of the shares have pledged part of their holdings

Zhitong
2025.09.30 08:47

On September 30, 2025, it was reported that Zhuang Yan, a shareholder holding more than 5% of Mingxin New Material Co., Ltd., pledged 4.8 million shares on September 29, accounting for 17.14% of his holdings and 2.96% of the company's total share capital. The pledged financing is used to supplement working capital, with a maturity date of September 29, 2026. As of the announcement date, Zhuang Yan has cumulatively pledged 13.96 million shares, accounting for 49.86% of his holdings in the company and 8.61% of the company's total share capital. Zhuang Yan has sufficient risk control capability, and there is no risk of forced liquidation of the pledged shares, which will not adversely affect the company's operations. If there are any significant changes in the future, the company will disclose them in a timely manner

Source: Zhitong The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.