Xinhua Jin (600735): Lifting Of Pledge And Re Mortgage Of Controlling Shareholders 9 Million Shares
Xinhua Jin (600735.SH) announced that in November 28, 2019, Lu Jin group, the controlling shareholder, gave the original pledge to the 9 million shares of tradable shares of Rizhao bank Limited by Share Ltd Qingdao branch for the lifting of the pledge and re mortgage procedures, accounting for 2.39% of the total share capital of the company. The relevant procedures have been processed at China Securities Depository and Clearing Co., Ltd.
Lu Jin group holds 186 million shares of listed companies, accounting for 49.34% of the total shares of the company. The total number of shares held by the listed companies is 172 million, accounting for 92.44% of the number of shares held by the company.
After the lifting of the share pledge, the number of remaining Pledged Shares of Lu Jin group was 163 million shares, accounting for 87.59% of the shares held by Lu Jin group, accounting for 43.22% of the total share capital of the company.
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