CDXG(SH:600353) Shang Hai Zheng Quan Bao·2025-07-03 19:16Core Viewpoint - The announcement details the pledge and release of shares by the controlling shareholder of Chengdu Xuguang Electronics Co., Ltd., indicating a significant portion of shares is pledged while also highlighting the company's financial stability and risk management measures [2][3]. Group 1: Shareholding and Pledge Details - As of the announcement date, New Group holds 232,761,142 shares of Chengdu Xuguang Electronics, accounting for 28.04% of the total share capital [2]. - New Group has pledged a total of 99,722,306 shares, which represents 42.84% of its holdings and 12.02% of the company's total share capital [2]. - The company received notifications regarding the early release of several tranches of pledged shares, including 12.2052 million shares and 4.743953 million shares, among others [2]. Group 2: Financial Stability and Risk Management - New Group is reported to have a good credit status and sufficient debt repayment capability, with repayment sources including operational cash flow and bank financing [3]. - The company has outlined that any potential pledge risks are manageable, and in case of margin call risks, New Group will take measures such as additional pledges, margin increases, or early repayments [3]. - The company commits to timely information disclosure based on the actual situation of share pledges [3].