Zhejiang Fu Run (600070): Shareholders 4 Million Shares Of The Fu Run Group Pledge

Dubei net news May 12th, Zhejiang Fu run Limited by Share Ltd (Stock Code: 600070) shareholders holdings group Co., Ltd. to Beijing bank, Limited by Share Ltd, Shaoxing Zhuji branch pledge shares of 4 million shares, used to supplement liquidity.

The 4 million shares of the pledge are 3.95% of the shares held by the company. The pledge period is from May 11, 2020 to the date of lifting the pledge.

As of the date of the announcement, the number of shares owned by the group was 101 million shares, accounting for 19.40% of the total share capital of the company. Accumulative pledge of 49 million 600 thousand shares, accounting for 48.98% of its holdings, accounts for 9.50% of the total share capital of the company.

The company's annual report 2019 shows that in 2019, the net profit attributable to shareholders of listed companies was 485478552 yuan, an increase of 123.94% over the same period last year.

Statistics show that Zhejiang is mainly engaged in Internet services, textile printing and dyeing, seamless steel tube processing and sales.