BSU(SH:600010) Zheng Quan Zhi Xing·2025-07-16 08:16Summary of Key Points Core Viewpoint - The announcement details the pledge of shares by the controlling shareholder of Baogang Group to provide collateral for financing through CITIC Securities, indicating a significant financial maneuver by the company [1]. Group 1: Share Pledge Details - On July 15, 2025, Baogang Group pledged 62,100,000 shares of Baogang Co., accounting for 2.48% of its total shares and 1.37% of the company's total share capital [1]. - As of July 15, 2025, Baogang Group has a total of 771,498,880 shares pledged, which represents 30.76% of its total holdings [1]. - The pledged shares are not used for major asset restructuring or performance compensation guarantees [1]. Group 2: Cumulative Pledge Situation - As of the announcement date, Baogang Group has a total of 2,508,279,260 shares, with 55.38% already pledged [1]. - After the current pledge, the cumulative pledged shares amount to 771,498,880, which is 30.76% of Baogang Group's total holdings [1]. - The remaining unpledged shares are 1,109,883,230, representing 17.04% of the total share capital [1].