---
title: "YUEYANG XINGCHANG: Major shareholder Xingchang Group releases the pledge of 3 million shares over 5% stake"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/243423359.md"
description: "On June 6th, YUEYANG XINGCHANG announced that one of its shareholders with more than 5% of the shares, the concerted actor Xingchang Group, has released the pledge of 3 million shares. As of the announcement date, Xingchang Group and its concerted actor Xingchang Qifu together hold a total of 40.9434 million shares of the company, accounting for 11.07% of the company's total share capital, of which the cumulative pledged shares amount to 13 million shares, accounting for 3.52% of the company's total share capital"
datetime: "2025-06-06T08:25:43.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/243423359.md)
  - [en](https://longbridge.com/en/news/243423359.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/243423359.md)
---

# YUEYANG XINGCHANG: Major shareholder Xingchang Group releases the pledge of 3 million shares over 5% stake

On June 6th, YUEYANG XINGCHANG announced that one of its shareholders holding more than 5% of the shares, the concerted actor Xingchang Group, has released the pledge of 3 million shares. As of the announcement date, Xingchang Group and its concerted actor Xingchang Qifu collectively hold 40.9434 million shares of the company, accounting for 11.07% of the total share capital, of which the cumulative pledged shares amount to 13 million, accounting for 3.52% of the total share capital

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