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Huafang Shares (600448): 20 Million Shares Postponed By Major Shareholders Of State Owned Companies
600448.SH announces that the company has received the notice from the large shareholder Binzhou state owned Assets Management Co., Ltd. (the "state-owned company"). The state owned company has postponed the pledge period of the 20 million shares of the company that has been mortgaged to Zhongtai securities.
After the pledge was postponed, the shares of state owned companies were pledged to 20 million shares, accounting for 26.73% of the total shares of their holding companies, accounting for 3.81% of the total share capital of the company.
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