Eurocrane(SH:603966) Zheng Quan Zhi Xing·2025-07-09 08:09Summary of Key Points Core Viewpoint - Shanghai Zhixiang Enterprise Management Co., Ltd. has released all pledged shares related to the "Falan Convertible Bonds," which were fully redeemed and delisted on June 20, 2025. This indicates a significant change in the shareholding structure of Falan Tech Heavy Industry Co., Ltd. as the controlling shareholders have no remaining pledged shares [1]. Group 1: Shareholding and Pledge Details - Shanghai Zhixiang holds 46,846,276 shares of Falan Tech, accounting for 11.75% of the total share capital [1]. - Of the shares held by Shanghai Zhixiang, 36,648,000 shares (78.23% of its holdings) were pledged as collateral for the "Falan Convertible Bonds," which have now been fully released [1]. - Following the release of the pledge, the controlling shareholders, including Jin Hongping and Tao Fenghua, along with their concerted actions, hold a total of 142,980,786 shares, representing 35.86% of the total share capital [1]. Group 2: Pledge Release and Compliance - The release of the pledged shares occurred on July 8, 2025, with the total number of shares released being 36,648,000, which constitutes 9.19% of the company's total share capital [1]. - There are no remaining pledged shares for both Shanghai Zhixiang and its concerted actions, indicating a complete removal of pledge obligations [1]. - The company will fulfill its information disclosure obligations in accordance with relevant laws and regulations [1].