Changshan North Ming (000158): Shareholder 28 Million Pledged By Changshan Group
Changshan North Ming (000158.SZ) announced that in June 28, 2019, the company received the notice from the largest shareholder of Shijiazhuang Changshan textile Refco Group Ltd (Changshan group). The Changshan group mortgaged 28 million shares of its unlimited tradable shares to China Galaxy Securities for financing, accounting for 6.15% of its shares.
As of the announcement date, Changshan group held about 455 million shares of the company, accounting for 27.55% of the total number of shares. The shares held by the company have been pledged 103 million shares, accounting for 22.62% of the total number of shares held by their companies, accounting for 6.23% of the total shares of the company.
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