--- title: "JI LIN AO DONG shareholder Jincheng Company handles share pledge and release of pledge" type: "News" locale: "en" url: "https://longbridge.com/en/news/256699895.md" description: "Jilin Aodong Pharmaceutical Group announced that its shareholder Jincheng Company pledged 15.55 million shares on September 8, accounting for 4.75% of its holdings and 1.30% of the company's total share capital, with the pledgee being CMS. On September 9, Jincheng Company lifted the pledge on 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 Company'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 the pledge risk is controllable, with no change in control rights or liquidation risk" datetime: "2025-09-10T08:56:03.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/256699895.md) - [en](https://longbridge.com/en/news/256699895.md) - [zh-HK](https://longbridge.com/zh-HK/news/256699895.md) --- # 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 ### Related Stocks - [600999.CN](https://longbridge.com/en/quote/600999.CN.md) - [06099.HK](https://longbridge.com/en/quote/06099.HK.md) - [601878.CN](https://longbridge.com/en/quote/601878.CN.md) - [000623.CN](https://longbridge.com/en/quote/000623.CN.md) ## Related News & Research - [Exploring Three Undiscovered Gems in the Middle East Market](https://longbridge.com/en/news/286881831.md) - [TRUMP DISCUSSED OMAN AND TOLLS IN HORMUZ STRAIT, STATING THAT THE U.S. HAS COMPLETE CONTROL OVER IT.](https://longbridge.com/en/news/287252201.md) - [World Bank Conference: Corsia Phase 1 Supply Squeeze Lies With Host Country Consents, Panel Says — OPIS](https://longbridge.com/en/news/287171728.md) - [Justin Wolfers Warns 'Mess' In Middle East Will Continue Through The Midterms, Wonders If Republicans In Congress Will 'Step In' To Save Their Jobs](https://longbridge.com/en/news/286721396.md) - [The Gulf needs carbon taxes, not just capture, to reach net zero](https://longbridge.com/en/news/287138239.md)