Major Shareholder of Han's Laser Lifts Pledge on 11.1 Million Shares and Pledges 7.7 Million Shares

Han's Laser announced that its major shareholder, Han's Holdings Group Co., Ltd., has recently completed the lifting of the pledge on part of its shares and the registration of new pledges. A total of 11.1 million shares have been released from pledge, accounting for 7.60% of its holdings and 1.08% of the company's total share capital; a total of 7.7 million shares have been pledged, accounting for 5.27% of its holdings and 0.75% of the company's total share capital. The purpose of the pledge is to supplement working capital, with the pledgee being the Shenzhen Branch of China CITIC Bank. As of the announcement date, Han's Holdings and its concerted actor, Gao Yunfeng, collectively hold 242 million shares, accounting for 23.53% of the company's total share capital; the total pledged shares amount to 174 million, accounting for 71.65% of their holdings and 16.86% of the company's total share capital. This pledge will not lead to a change in the actual control of the company, and there is no risk of forced liquidation.

This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.