CDD: The controlling shareholder pledged 76 million shares

CDD announced that its controlling shareholder, Xianyang Jin Kong, has pledged 76 million shares, accounting for 6.83% of its holdings and 2.12% of the company's total share capital. The pledge start date is May 6, 2025, and the pledgee is Shaanxi International Trust Co., Ltd. The pledged financing funds are used for its own operational needs. Xianyang Jin Kong and its concerted parties have cumulatively pledged 850 million shares, accounting for 69.54% of their shareholding