Gelonghui, May 30 | ST Jiuzhi (000989.SZ) announced that the company recently received a letter from the controlling shareholder, Mr. Li Zhenguo, to learn that some of the company's shares were released from the pledge. The number of shares released this time is 12.96 million shares.
The total number of shares pledged by the controlling shareholders of the company accounts for more than 80% of the company's shares. Investors are requested to pay attention to related risks.
According to the company's controlling shareholder's explanation, the company's cumulative share pledge is currently mainly used for personal guarantee business. The purpose of the guarantee is to obtain funds for stock pledge financing, and the increase in the share pledge ratio is a phased increase during the financing replacement process.