JIANGNAN CHEMICAL: Zijin Investment pledged 180 million shares of A-shares

Zhitong
2025.09.04 12:28

JIANGNAN CHEMICAL announced that its shareholder Zijin Investment, holding more than 5% of the shares, has pledged 180 million A-shares. The pledge start date is September 3, 2025, with the pledged shares accounting for 69.20% of its holdings and 6.80% of the company's total share capital. The pledgee is CITIC Securities Co., Ltd., and the purpose of the pledge is to provide shares for exchange to the holders of exchangeable bonds and to guarantee the principal and interest repayment of the exchangeable bonds