WLGF(SH:603779) news flash·2025-06-19 07:35Core Viewpoint - The announcement indicates that Zhejiang Phoenix, a major shareholder of WeLong Co., has successfully completed the process of releasing all pledged shares, which may positively impact the company's stock liquidity and investor confidence [1] Group 1: Shareholding and Pledge Status - As of the announcement date, Zhejiang Phoenix holds a total of 26.6199 million shares in WeLong Co., accounting for 8.02% of the company's total share capital [1] - Zhejiang Phoenix has released all pledged shares, which may enhance the company's financial stability and attractiveness to investors [1] - The company received notification that 6 million shares (1.81% of total share capital) pledged to Hangzhou Houzheng Pawn Co., Ltd. and 16 million shares (4.82% of total share capital) pledged to Zhejiang Bingbing Pawn Co., Ltd. have also had their pledge registrations canceled [1]