Changshan North Ming (000158): Big Shareholder North Ming Holdings Pledge 18 Million Shares

Changshan North Ming (000158.SZ) announced that the company recently received a notice from Beijing, a major shareholder of the North Ming Albert Holdings Limited ("North Ming Holdings"). It was informed that North Ming holdings had pledged 18 million shares to GF Securities (000776) for financing needs, accounting for 7.09% of its holdings.

As of August 15, 2019, North Ming holding company held about 253 million 700 thousand shares of the company, accounting for 15.35% of the company's total share capital. After the pledge of shares, the shares held by the North Ming holding company amounted to 153 million 850 thousand shares, accounting for 60.64% of its holdings, accounting for 9.31% of the total share capital of the company.