Fengxing: The controlling shareholder pledged 1 million shares
Fengxing announced that its controlling shareholder, Western Indium Industry, holds 25.1429 million shares of the company, accounting for 23.28% of the total share capital. After this pledge, Western Indium Industry has pledged a total of 11.9 million shares of the company, accounting for 47.33% of its holdings in the company and 11.02% of the total share capital. This pledge of 1 million shares accounts for 3.98% of its holdings and 0.93% of the total share capital. The pledge start date is May 23, 2025, with the pledgee being the Foshan Branch of Guangdong Huaxing Bank Co., Ltd., and the purpose of the pledge is to supplement working capital
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