
JI LIN AO DONG shareholder Jincheng Company handles share pledge and release of pledge
Jilin Aodong Pharmaceutical Group announced that its shareholder Dunhua Jincheng Industrial Co., Ltd. has completed the procedures for share pledge and release of pledge. On September 8, Jincheng pledged 15.55 million shares, accounting for 4.75% of its holdings and 1.30% of the company's total share capital, with the pledgee being CMS. This is for business operations. On September 9, Jincheng released the pledge of 14 million shares, accounting for 4.28% of its holdings and 1.17% of the company's total share capital, with the pledgee being Zheshang Securities. As of the announcement date, Jincheng's cumulative pledged shares accounted for 32.84% of its holdings and 8.98% of the company's total share capital. The company stated that Jincheng has good creditworthiness, the pledge risk is controllable, and there are no risks of control change or forced liquidation

