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Tiantong Co., Ltd. announced that on July 22, 2026, the controlling shareholder Tiantong Hi-Tech released the 2.082 million shares pledged to the Jiaxing Haining branch of Shaoxing Bank and re-pledged on the same day, accounting for 17.04% of its shares and 1.79% of the company's total share capital. The funds were used to supplement working capital. As of the disclosure date of the announcement, Tiantong Hi-Tech and its co-actors have pledged a total of 114 million shares, accounting for 53.52% of its shareholding ratio and 9.28% of the company's total share capital. Within the next six months, Tiantong Hi-Tech and its co-actors will pledge 1999 million shares and 27.6 million shares respectively. The repayment funds will stem from asset disposal, etc. Currently, the risk of pledging is manageable and will not cause a change in control.

Zhitongcaijing·07/23/2026 07:41:13
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Tiantong Co., Ltd. announced that on July 22, 2026, the controlling shareholder Tiantong Hi-Tech released the 2.082 million shares pledged to the Jiaxing Haining branch of Shaoxing Bank and re-pledged on the same day, accounting for 17.04% of its shares and 1.79% of the company's total share capital. The funds were used to supplement working capital. As of the disclosure date of the announcement, Tiantong Hi-Tech and its co-actors have pledged a total of 114 million shares, accounting for 53.52% of its shareholding ratio and 9.28% of the company's total share capital. Within the next six months, Tiantong Hi-Tech and its co-actors will pledge 1999 million shares and 27.6 million shares respectively. The repayment funds will stem from asset disposal, etc. Currently, the risk of pledging is manageable and will not cause a change in control.