---
title: "CTN: The controlling shareholder has released 5.2839 million pledged shares"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/236540266.md"
description: "CTN announced that 5.2839 million shares held by its controlling shareholder Li Weite have been released from pledge, accounting for 10.32% of his holdings and 1.94% of the company's total share capital. This release of pledge does not involve significant asset restructuring or performance compensation obligations, nor will it lead to a change in the actual control of the company"
datetime: "2025-04-18T08:18:50.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/236540266.md)
  - [en](https://longbridge.com/en/news/236540266.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/236540266.md)
generator: "portal-rs"
---

# CTN: The controlling shareholder has released 5.2839 million pledged shares

CTN announced that 5.2839 million shares held by its controlling shareholder, Li Weite, have been released from pledge, accounting for 10.32% of his holdings and 1.94% of the company's total share capital. This release of pledge does not involve major asset restructuring or performance compensation obligations, nor will it lead to a change in the actual control of the company

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**