Xinhua Jin (600735): The Pledge Of Some Shares Released By The Controlling Shareholder
Announcement of Shandong Xinhua Jin International Co., Ltd. on the release of pledge of some shares of controlling shareholders
Important content tips
● Shandong Lujin import and Export Group Co., Ltd. (hereinafter referred to as "Lujin group") holds 185532352 shares of the listed company, accounting for 49.34% of the total shares of the company. Before the release of the pledge, the cumulative number of shares of Shandong Lujin import and Export Group Co., Ltd. was 157.5 million, accounting for 84.89% of the company's shares. After the release of the pledge, Lujin group has accumulated 154.9 million shares, accounting for 83.49% of its total shares and 41.20% of the total share capital of the company.
Shandong Xinhua Jin International Co., Ltd. (hereinafter referred to as "the company" or "the company") recently received a notice from Lujin group, the controlling shareholder of the company, that Lujin Group pledged its original pledge to 2.6 million shares of Rizhao Bank Co., Ltd. Qingdao branch to release the pledge. The details are as follows:
| Name of shareholder | Shandong Lujin import and Export Group Co., Ltd |
| The pledge shares | 2600000 shares |
| Proportion of shares held | 1.40% |
| Proportion in total share capital of the company | 0.69% |
| Solubilization time | September 30, 2020 |
| Number of shares held | 185532352 shares |
| Shareholding ratio | 49.34% |
| Number of remaining Pledged Shares | 154900000 shares |
| The proportion of the remaining Pledged Shares in its shares | 83.49% |
| The proportion of the remaining Pledged Shares in the total share capital of the company | 41.20% |
There is no subsequent pledge plan for the shares released this time. If there is any change in the future, the company will timely fulfill the obligation of information disclosure in accordance with relevant provisions.
The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and shall bear individual and joint liabilities for the authenticity, accuracy and completeness of the contents.
It is hereby announced.
Shandong Xinhua Jin International Co., Ltd
Board of directors October 10, 2020
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