Zhejiang Furun (600070): The Controlling Shareholder Furun Group Pledged 7 Million Shares
Zhejiang Furun (600070) announced on the evening of July 21 that Furun Holding Group Co., Ltd., the controlling shareholder of the company, pledged 7 million shares of shares to Shaoxing Zhuji sub branch of Huaxia Bank to supplement working capital.
7 million shares were pledged, accounting for 6.91% of the company's shares and 1.36% of the company's total share capital. The term of pledge is from July 20, 2022 to the date when the pledge is released.
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