WISDOMCOME GP (08079) announced that on December 16, 2024, the Board of Directors has been informed by the company's major shareholder, Mr. Chen Ende, that Mr. Chen Zikang has enforced the pledge of 9.0598 million shares of ordinary shares (pledged shares) held by Baofeng Management Limited (a company wholly owned by Mr. Chen), accounting for approximately 29.12% of the total issued shares of the company as of the date of this announcement.
According to Zhihu Finance APP, WISDOMCOME GP (08079) announced that on December 16, 2024, the Board of Directors has been informed by the company’s major shareholder, Mr. Chen Ende, that Mr. Chen Zikang has enforced the pledge of 9.0598 million shares of ordinary shares (pledged shares) held by Baofeng Management Limited (a company wholly owned by Mr. Chen), accounting for approximately 29.12% of the total issued shares of the company as of the date of this announcement.
The pledged shares are pledged by Mr. Chen Zikang as the beneficiary, as collateral for the loan provided by Mr. Chen to Mr. Chen Zikang.
Following the enforcement of the pledged shares, Mr. Chen will no longer hold any shares in the company. As a result of the enforcement of the pledged shares, Mr. Chen will no longer be a major shareholder of the company, and Mr. Chen Zikang will become the major shareholder of the company. The company expects that the enforcement of the pledged shares will not cause any significant adverse impact on the group’s operations.