Core Viewpoint - The announcement details the release and re-pledging of shares by major shareholders of Yueyang Xingchang Petrochemical Co., Ltd, specifically Hunan Changlian Xingchang Enterprise Service Co., Ltd and its acting in concert, Hunan Changlian Xingchang Group Co., Ltd, indicating ongoing financial maneuvers involving significant shareholdings [1][3]. Summary by Sections Share Release Details - Hunan Changlian Xingchang Group released 3,000,000 shares, accounting for 24.79% of its holdings, which represents 0.81% of the total share capital of the company [1]. - Hunan Changlian Xingchang Enterprise Service released 6,500,000 shares, which is 22.54% of its holdings, equating to 1.76% of the company's total share capital [1]. Share Re-pledging Details - The re-pledging of shares was also conducted by the same shareholders, with specific details on the number of shares and the financial institutions involved not fully disclosed in the announcement [1][2]. Cumulative Pledged Shares - As of the announcement date, the cumulative pledged shares held by Hunan Changlian Xingchang Enterprise Service and Hunan Changlian Xingchang Group total 40,943,363 shares, which is 11.07% of their holdings [3]. - The total number of shares pledged includes 13,000,000 shares from Hunan Changlian Xingchang Group and 9,800,000 shares from Hunan Changlian Xingchang Enterprise Service, representing 23.94% of their total holdings [3]. Additional Information - The announcement was made by the board of directors of Yueyang Xingchang Petrochemical Co., Ltd on July 23, 2025, ensuring the accuracy and completeness of the disclosed information [4].
岳阳兴长: 关于持股5%以上股东及其一致行动人股份解除质押及再质押的公告