HAIXIN FOODS: Shareholder Teng Yongyan pledges 4.2 million shares

HAIXIN FOODS announced that the company's shareholder Teng Yongyan pledged 4.2 million shares, accounting for 9.88% of his holdings and 0.76% of the company's total share capital. Teng Yongyan holds a total of 42.5 million shares, representing 7.65% of the total. The pledged shares do not involve significant asset restructuring or performance compensation obligations. Teng Yongyan has the corresponding ability to repay the funds, with the repayment sources being his own funds, investment income, and the liquidation of investment projects