NANSHAN ALUMINIUM(SH:600219) Zheng Quan Zhi Xing·2025-06-24 16:28Core Viewpoint - The announcement details the pledge and release of shares by the controlling shareholder of Nanshan Aluminum, indicating a stable financial situation and no risk of forced liquidation for the pledged shares [1][2]. Group 1: Shareholding and Pledge Details - As of the disclosure date, Nanshan Group holds 2,405,874,235 shares in Nanshan Aluminum, accounting for approximately 20.72% of the total share capital [1]. - Its concerted actor, Shandong Yili Electric Power Co., Ltd., holds 2,581,044,590 shares, representing about 22.22% of the total share capital [1]. - After the recent pledge and release transactions, Nanshan Group has pledged a total of 422,160,945 shares, which is about 3.64% of the total share capital and 7.63% of the shares held by Nanshan Group [1]. Group 2: Specific Pledge Transactions - Shandong Yili Electric Power has released 240,000,000 shares from pledge, which is 9.30% of its holdings and 2.07% of the total share capital [1]. - Following this release, Yili Electric Power has 550,970,000 shares pledged to CITIC Securities, with 335,000,000 shares remaining pledged, which is 12.98% of its holdings and 2.88% of the total share capital [1]. Group 3: Financial Stability and Risk Management - Both Nanshan Group and Yili Electric Power are reported to have good credit status and repayment capabilities, with no risk of forced liquidation for the pledged shares, indicating that the pledge risk is within a controllable range [2]. - The pledge actions will not lead to any change in the actual control of the company, and the company will continue to monitor the situation closely [3].