HIKING(SH:600735) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-06-23 23:14Core Points - The controlling shareholder, Shandong Lujin Import and Export Group Co., Ltd. (Lujin Group), holds 185,532,352 shares, accounting for 43.27% of the total shares, with a total of 181,920,000 shares pledged, representing 98.05% of its holdings and 42.43% of the total shares [1][2] - Lujin Group has recently released and re-pledged 4.2 million shares, with the relevant procedures completed [1] - The total pledged shares by Lujin Group and its concerted parties account for 98.02% of their holdings, with no shares under restriction or frozen [2] Pledge Situation - Lujin Group has a total of 14,405,000 shares maturing within the next year, which represents 77.64% of its holdings and 33.60% of the total share capital, with a financing balance of 45.038 million [3] - There are no non-operational fund occupations, illegal guarantees, or related transactions harming the company's interests [4] Impact of Pledge - The stock pledges are all bank and corporate entity off-market pledges, with no risk of forced liquidation due to market price declines, and will not significantly impact the company's main business, financing costs, or operational capabilities [5] - Lujin Group currently has no performance compensation obligations [5] Financial Health of Lujin Group - Lujin Group has a registered capital of 200 million RMB and operates in various sectors including import and export, textile manufacturing, and sales of various goods [6] - The group has strong financial capabilities with a bank credit line of 6.9 billion RMB, of which 4.2 billion RMB has been utilized, indicating manageable debt risks [7] Risk Assessment - The funds raised from stock pledges are primarily for the operational needs of Lujin Group and its subsidiaries, with measures in place to mitigate risks associated with stock price declines [9]