---
title: "WOLONG ELECTRIC's largest shareholder has released the pledge on 7.8 million shares"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/259484413.md"
description: "WOLONG ELECTRIC announced that its largest shareholder, Zhejiang WOLONG Shunyu Investment Co., Ltd., released the pledge of 7.8 million shares on September 29, accounting for 1.54% of its holdings and 0.50% of the company's total share capital. After the release, a total of 39 million shares remain pledged, accounting for 7.69% of its holdings and 2.50% of the company's total share capital. If there are any further pledges, the company will disclose them in accordance with regulations"
datetime: "2025-09-30T08:58:11.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/259484413.md)
  - [en](https://longbridge.com/en/news/259484413.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/259484413.md)
---

# WOLONG ELECTRIC's largest shareholder has released the pledge on 7.8 million shares

On September 30, 2025, WOLONG ELECTRIC announced that its largest shareholder, Zhejiang WOLONG Shunyu Investment Co., Ltd., completed the partial release of share pledges on September 29, releasing 7.8 million shares, accounting for 1.54% of its holdings and 0.50% of the company's total share capital. After this release, WOLONG Shunyu has cumulatively pledged 39 million shares of the company, accounting for 7.69% of its total holdings and 2.50% of the company's total share capital; together with its concerted actors, the cumulative pledged shares also amount to 39 million shares, accounting for 6.43% of their total holdings and 2.50% of the company's total share capital. If these shares are subsequently used for re-pledging, the company will disclose it in accordance with regulations

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