On Thursday evening, the company announced that the company's controlling shareholder, Aoyang Group Co., Ltd., on August 27, 2014, pledges it to Xingye Securities's 17,435,640 shares (accounting for 3.95% of the company's total share capital) for the pledge registration process.
On August 21, 2013, Aoyang Group pledged 60 million shares of the company's unrestricted shares (accounting for 16.45% of the company's total share capital) to Industrial Securities for stock pledged repo. The two parties will extend the repurchase date to August 21, 2015. At the same time, the number of pledged shares will be changed to 4,245,640 shares.
Aoyang Group holds a total of 155 million shares of the company, accounting for 35.02% of the company's total share capital, all of which are unrestricted shares. As of August 27, 2014, a total of 11,300 shares of unrestricted shares outstanding in the shares held by Aoyang Group have been processed for equity pledge, accounting for 25.47% of the company's total share capital.
On August 21, 2013, Aoyang Group pledged 60 million shares of the company's unrestricted shares (accounting for 16.45% of the company's total share capital) to Industrial Securities for stock pledged repo. The two parties will extend the repurchase date to August 21, 2015. At the same time, the number of pledged shares will be changed to 4,245,640 shares.
Aoyang Group holds a total of 155 million shares of the company, accounting for 35.02% of the company's total share capital, all of which are unrestricted shares. As of August 27, 2014, a total of 11,300 shares of unrestricted shares outstanding in the shares held by Aoyang Group have been processed for equity pledge, accounting for 25.47% of the company's total share capital.
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