---
title: "Shandong Pharmaceutical Glass's controlling shareholder has released the pledge on 123 million shares"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/260388965.md"
description: "Shandong Pharmaceutical Glass Co., Ltd. announced that its controlling shareholder Shandong Luzhong Investment Co., Ltd. will release the pledge of 12.3 million shares on October 9, 2025, accounting for 9.51% of its shareholding ratio and 1.85% of the company's total share capital. After the release of the pledge, Luzhong Investment has a total of 7.3 million shares pledged, accounting for 5.64% of its shareholding ratio and 1.10% of the company's total share capital. Subsequent pledge matters will be disclosed in accordance with regulations"
datetime: "2025-10-09T07:36:41.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/260388965.md)
  - [en](https://longbridge.com/en/news/260388965.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/260388965.md)
generator: "portal-rs"
---

# Shandong Pharmaceutical Glass's controlling shareholder has released the pledge on 123 million shares

On October 9, 2025, Shandong Pharmaceutical Glass Co., Ltd. announced that it received a notice of release of pledge from its controlling shareholder, Shandong Luzhong Investment Co., Ltd. Luzhong Investment holds 129 million shares of the company, accounting for 19.50% of the total share capital. A total of 12.3 million shares were released from pledge on September 30, accounting for 9.51% of its shareholding ratio and 1.85% of the company's total share capital. After the release of the pledge, Luzhong Investment has a total of 7.3 million shares pledged, accounting for 5.64% of its shareholding ratio and 1.10% of the company's total share capital. If there are any further pledge matters, the company will disclose them in accordance with regulations

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**