According to Daming City's announcement, Yu Jin, the controlling shareholder of the company, released the pledge of 46 million shares on October 16, 2026, accounting for 37.17% of its shares and 1.98% of the company's total share capital; on the same day, another 51.2 million shares were pledged, accounting for 41.38% of its shares and 2.20% of the company's total share capital. The pledgee was the Fuzhou branch of Zhejiang Chouzhou Commercial Bank for the purpose of providing guarantees. As of the announcement date, Yu Jin had pledged 105 million shares, accounting for 84.61% of its shares and 4.50% of the company's total share capital; the controlling shareholders and their co-actors pledged 225 million shares, accounting for 24.26% of their shares and 9.66% of the company's total share capital, and there was no risk of liquidation.

Zhitongcaijing · 5d ago
According to Daming City's announcement, Yu Jin, the controlling shareholder of the company, released the pledge of 46 million shares on October 16, 2026, accounting for 37.17% of its shares and 1.98% of the company's total share capital; on the same day, another 51.2 million shares were pledged, accounting for 41.38% of its shares and 2.20% of the company's total share capital. The pledgee was the Fuzhou branch of Zhejiang Chouzhou Commercial Bank for the purpose of providing guarantees. As of the announcement date, Yu Jin had pledged 105 million shares, accounting for 84.61% of its shares and 4.50% of the company's total share capital; the controlling shareholders and their co-actors pledged 225 million shares, accounting for 24.26% of their shares and 9.66% of the company's total share capital, and there was no risk of liquidation.