GOLDEN UNION: The controlling shareholder pledged 20 million shares to repay debts

Zhitong
2025.10.30 08:34

GOLDEN UNION announced that its controlling shareholder, GOLDEN UNION Group, holds 274 million shares, accounting for 58.00% of the total share capital. Recently, GOLDEN UNION Group pledged 20 million shares to Chang'an International Trust Co., Ltd., with the pledge period from October 29, 2025, to April 29, 2026, for financing to repay debts. After this pledge, GOLDEN UNION Group has cumulatively pledged 52 million shares, accounting for 18.97% of its holdings and 11.01% of the company's total share capital. The pledged shares are not used as collateral or for other guarantees related to significant asset restructuring performance compensation or similar matters

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