The announcement details the pledge of 500,000 shares by the controlling shareholder, Tang Xiuqing, effective February 10, 2025. The pledge is to secure a loan from Industrial Bank. The release of the pledge is scheduled for June 1, 2026. The document outlines the basic situation regarding the pledge and its implications for the company.
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Guangzhou Wuzhi Machinery Co., Ltd. (hereinafter referred to as "the Company") announces the following regarding the pledge of shares by its controlling shareholder and actual controller:
The controlling shareholder, Tang Xiuqing, will pledge 500,000 shares of the Company to Industrial Bank on February 10, 2025. The details will be disclosed on February 12, 2025, on the official website of the Company (www.cninfo.com.cn).
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