---
title: "Sunline: Controlling shareholder Wang Changchun pledged 9.58 million shares"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/261242937.md"
description: "Sunline announced that its controlling shareholder Wang Changchun pledged 9.58 million shares, accounting for 9.99% of his holdings, with the company's total share capital at 1.18%. The pledge start date is October 15, 2025, and the purpose of the pledge is for other uses. At the same time, Wang Changchun released the pledge of 807,500 shares, accounting for 0.84% of his holdings, with the company's total share capital at 0.10%. The release date of the pledge is October 14, 2025. Wang Changchun also extended the pledge of 6.7148 million shares, with the original pledge expiration date being October 16, 2025, and the extended expiration date being October 16, 2026. As of the announcement date, Wang Changchun has cumulatively pledged 33.3448 million shares, accounting for 34.77% of his holdings, with the company's total share capital at 4.11%"
datetime: "2025-10-15T11:27:28.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/261242937.md)
  - [en](https://longbridge.com/en/news/261242937.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/261242937.md)
---

# Sunline: Controlling shareholder Wang Changchun pledged 9.58 million shares

Sunline Technology announced that the company's controlling shareholder, Wang Changchun, pledged 9.58 million shares, accounting for 9.99% of his holdings and 1.18% of the company's total share capital. The pledge start date is October 15, 2025, and the purpose of the pledge is for other uses. At the same time, Wang Changchun released the pledge of 807,500 shares, accounting for 0.84% of his holdings and 0.10% of the company's total share capital. The release date of the pledge is October 14, 2025. Wang Changchun also extended the pledge of 6.7148 million shares, accounting for 7.00% of his holdings and 0.83% of the company's total share capital. The original pledge start date was October 17, 2024, the original pledge expiration date was October 16, 2025, and the extended pledge expiration date is October 16, 2026. As of the date of this announcement, Wang Changchun has cumulatively pledged 33.3448 million shares, accounting for 34.77% of his holdings and 4.11% of the company's total share capital

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