---
title: "Shandong Zhangqiu Blower: Controlling shareholder pledges 12.2 million shares"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/241567496.md"
description: "Shandong Zhangqiu Blower announced that its controlling shareholder, Jinan Zhangqiu District Public Asset Management Co., Ltd., pledged 12.2 million shares, accounting for 13.12% of its holdings and 3.91% of the company's total share capital. The pledge start date is May 22, 2025, and the release date is May 22, 2026, with Huafu Securities as the pledgee. The purpose of the pledge is for stock pledge repurchase transactions. As of the announcement date, the controlling shareholder holds 93 million shares, representing 29.80%. After the pledge, the total number of pledged shares by the controlling shareholder is 39.7 million shares, accounting for 42.69% of its holdings and 12.72% of the company's total share capital"
datetime: "2025-05-23T08:17:41.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/241567496.md)
  - [en](https://longbridge.com/en/news/241567496.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/241567496.md)
---

# Shandong Zhangqiu Blower: Controlling shareholder pledges 12.2 million shares

Shandong Zhangqiu Blower announced that its controlling shareholder, Jinan Zhangqiu District Public Asset Management Co., Ltd., pledged 12.2 million shares, accounting for 13.12% of its holdings and 3.91% of the company's total share capital. The pledge start date is May 22, 2025, and the pledge release date is May 22, 2026, with Huafu Securities Co., Ltd. as the pledgee. The purpose of the pledge is to conduct stock pledge repurchase transactions. As of the announcement date, the controlling shareholder's shareholding amounted to 93 million shares, representing 29.80% of the total shares. After this pledge, the total number of pledged shares held by the controlling shareholder is 39.7 million shares, accounting for 42.69% of its holdings and 12.72% of the company's total share capital

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