Rainbow Display's controlling shareholder, Xianyang Jin Kong, has pledged 35 million shares

On September 29, 2025, CDD announced that its controlling shareholder, Xianyang Jin Kong, pledged 35 million shares on September 26, accounting for 3.15% of its holdings and 0.98% of the company's total share capital. The pledgee is Shandong International Trust Co., Ltd., and the financing is for its own operations. After this pledge, Xianyang Jin Kong has cumulatively pledged 796,717,584 shares, accounting for 71.60% of its holdings; Xianyang Jin Kong and its concerted parties have cumulatively pledged 883,717,584 shares, accounting for 72.34% of their holdings. Xianyang Jin Kong and its concerted parties have 120 million shares of pledged stock maturing within the next year, corresponding to a financing amount of 400 million yuan, and they have the financial capacity to repay, with controllable pledge risk