---
title: "CTD's controlling shareholder partially lifted the pledge on some shares"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/262029921.md"
description: "CTD announced that its controlling shareholder Wenzhou Xianghongwan has lifted part of the share pledge, totaling 3.65 million shares, accounting for 1.74% of its shareholding and 0.79% of the company's total share capital. The pledge started on June 30, 2023, and was lifted on October 20, 2025, with Guojin Securities as the pledgee. Wenzhou Xianghongwan and its concerted parties hold 227.430299 million shares, with a total pledge of 27.3 million shares, accounting for 12.00% of their holdings and 5.92% of the company's total share capital. The controlling shareholder's credit status is good, and the pledge risk is controllable"
datetime: "2025-10-21T10:42:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/262029921.md)
  - [en](https://longbridge.com/en/news/262029921.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/262029921.md)
---

# CTD's controlling shareholder partially lifted the pledge on some shares

CTD announced that it recently received a letter from its controlling shareholder Wenzhou Xianghongwan, stating that part of its shares have been released from pledge. The number of shares released from pledge is 3.65 million shares, accounting for 1.74% of its holdings and 0.79% of the company's total share capital. The start date is June 30, 2023, and the release date is October 20, 2025, with Guojin Securities as the pledgee. As of the announcement date, Wenzhou Xianghongwan and its concerted parties hold 227.430299 million shares, with a total of 27.3 million shares pledged, accounting for 12.00% of its holdings and 5.92% of the company's total share capital. The controlling shareholder has a good credit status, and the pledge risk is controllable

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