FOTO's controlling shareholder has partially released the pledge of shares and extended the term

Recently, Guilin FOTO Co., Ltd. announced that its controlling shareholder, FOTO Group, holds 343,134,040 shares of the company, accounting for 53.10% of the total share capital. This time, 28,000,000 shares were released from pledge, accounting for 8.16% of its total holdings and 4.33% of the company's total share capital; 37,500,000 shares were extended, accounting for 10.93% of its total holdings and 5.80% of the company's total share capital. After the procedures, FOTO Group has a total of 132,120,000 pledged shares, accounting for 38.50% of its total holdings and 20.45% of the company's total share capital