BONNY HLDG's controlling shareholder has had their pledged shares released
BONNY HLDG announced that its controlling shareholder Maximax Holding Corporation has released the pledge of 550 million ordinary shares. The pledged shares account for 37.39% of the issued shares. Maximax fulfilled its pledge guarantee obligations on September 30, 2025, and the pledge has therefore been released. Maximax is wholly owned by Mr. Jin Guojun, who holds 53.91% of the company's shares
According to the announcement from BONNY HLDG (01906), the company's controlling shareholder Maximax Holding Corporation (Maximax) has pledged a total of 550 million ordinary shares (pledged shares) of the company to a company registered in Hong Kong (the pledgee, an independent third party of the company) as collateral for a loan provided to a company controlled by the chairman of the board of directors, Mr. Jin Guojun (Mr. Jin). The pledged shares account for approximately 37.39% of the company's issued shares as of the date of this announcement.
The company's board of directors has been informed that on September 30, 2025, Maximax has fulfilled its obligations secured by the pledge, and therefore the pledge has been released.
Maximax is a limited company registered in the British Virgin Islands, wholly owned by Mr. Jin. As of the date of this announcement, Maximax holds 793 million ordinary shares of the company, accounting for approximately 53.91% of the company's issued shares of 1.471 billion
