Putailai(603659) Zheng Quan Zhi Xing·2025-06-04 11:31Summary of Key Points Core Viewpoint - The announcement details the share pledge by the controlling shareholder of Shanghai Putailai New Energy Technology Co., Ltd., Mr. Liang Feng, which is aimed at replacing existing pledged financing without involving new financing. Group 1: Share Pledge Details - Mr. Liang Feng directly holds 531,510,881 shares, accounting for 24.87% of the company's total share capital of 2,137,165,372 shares. After the pledge, the total pledged shares amount to 294,660,000, representing 55.44% of his holdings and 13.79% of the company's total shares [1][2] - Mr. Liang Feng and his concerted parties, Ningbo Shengyue and Ningbo Kuaneng, collectively hold 961,571,752 shares, which is 44.99% of the total share capital. The total pledged shares after this transaction will be 387,660,000, which is 40.32% of their total holdings and 18.14% of the company's total shares [1][2] - The share pledge is intended to replace existing financing and is expected to be completed by June 2025, allowing for the release of 48,860,000 shares from pledge, reducing the pledged proportion to 46.25% of Mr. Liang's holdings and 11.50% of the company's total shares [1][2] Group 2: Financial Stability and Impact - The financial condition of Mr. Liang Feng and his concerted parties is reported to be good, with sufficient repayment capability expected from self-owned and self-raised funds. There are no risks of forced liquidation or transfer of pledged shares [3] - The share pledge will not affect the company's main business, financing costs, or operational capabilities, nor will it lead to a change in actual control of the company [3] - The company will continue to monitor the share pledge situation and fulfill information disclosure obligations as required [3]