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Hualin Securities shareholder Yijing Food releases 240 million shares from pledge, holding over 480 million shares with no pledged shares
Hualin Securities announced recently that its shareholder, Shenzhen Yijing Food & Beverage Co., Ltd. (hereinafter referred to as “Yijing Food”), has completed the release of some of its pledged shares in the company.
This change involves the shares pledged by Yijing Food to the Shenzhen Branch of the Agricultural Bank of China.
According to the announcement, on April 3rd, 240 million shares of Hualin Securities pledged by Yijing Food were officially released from pledge.
After this release, the number of Hualin Securities shares pledged by the company has returned to zero.
This means Yijing Food no longer holds any pledged shares of Hualin Securities.
As of the disclosure date, Yijing Food still holds approximately 485 million shares of Hualin Securities, accounting for 17.96% of the company’s total share capital.
This shareholding ratio indicates that Yijing Food remains one of Hualin Securities’ significant shareholders.
The change in pledged shares does not have a substantial impact on its shareholder status.