000961SZSE

Announcement on the Extension of Pledge of Shares by Controlling Shareholder

ST Zhongnan Co., Ltd.··3 pages

✨ AI Summary

The announcement informs that the controlling shareholder, Zhongnan Urban Construction Investment Co., Ltd., has signed an extension agreement for the pledge of part of its shares. As of May 27, 2024, a total of 1,218,297,030 shares are pledged, accounting for 89.10% of its holdings. The company assures that this pledge extension will not affect its governance structure or ongoing operations.

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Full Translation

AI Translation· azure_openai

Zhongnan Construction Group Co., Ltd. Announcement No.: 2024-094

Zhongnan Urban Construction Investment Co., Ltd. guarantees that the information provided to the company is true, accurate, and complete, with no false records, misleading statements, or significant omissions. The company and all members of the board of directors ensure that the announcement content is consistent with the information provided by the information disclosure obligor.

The company has recently received a notification from its controlling shareholder, Zhongnan Urban Construction Investment Co., Ltd. (referred to as "Zhongnan Urban Investment"), regarding the signing of a pledge extension agreement for part of its shares with relevant pledgees. The specific situation is as follows:

I. Changes in Pledged Shares

  1. Current pledge extension situation
  2. Cumulative pledge and freeze situation

As of May 27, 2024, the share pledge situation of Zhongnan Urban Investment and its concerted actors is as follows:

Shareholder NameNumber of SharesShareholding RatioCumulative Pledged SharesPledged Shares RatioTotal Share Capital RatioPledged Shares SituationUnpledged Shares SituationRestricted and Frozen SharesRatio of Restricted and Frozen Shares to Pledged SharesRatio of Restricted and Frozen Shares to Unpledged Shares
Zhongnan Urban Investment1,367,329,74535.73%1,218,297,03089.10%31.84%1,218,297,030100.00%55,630,61037.33%
Chen Yuhan14,413,9970.38%0000010,810,49875.00%
Total1,381,743,74236.11%1,218,297,03088.17%31.84%1,218,297,030100.00%66,441,10840.65%

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