HIKING(SH:600735) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-07-29 23:47Key Points - The controlling shareholder, Shandong Lujin Import and Export Group Co., Ltd. (Lujin Group), holds 185,532,352 shares, accounting for 43.27% of the total shares of the company, with a total of 184,920,000 shares pledged, representing 99.67% of its holdings and 43.13% of the company's total shares [1][2] - Lujin Group has recently released and re-pledged part of its shares, specifically 3 million shares were released from pledge and 6 million shares were re-pledged on July 28, 2025 [1] - As of the announcement date, Lujin Group and its concerted parties have pledged shares amounting to 99.64% of their total holdings, with no shares being subject to restrictions or freezing [2] - Lujin Group has a total of 14,285,000 shares maturing in the next year, which represents 76.99% of its holdings and 33.32% of the company's total shares, with a corresponding financing balance of 54.409 million yuan [3] - The company has confirmed that there are no non-operational fund occupations, illegal guarantees, or related transactions that harm the company's interests [4] - The stock pledges by Lujin Group are primarily for bank and individual off-market pledges, and there is no risk of forced liquidation due to market price declines, which will not significantly impact the company's main business or financial costs [5] - Lujin Group has a strong financial position with a bank credit line of 6.9 billion yuan, of which 4.2 billion yuan has been utilized, indicating manageable debt risk [7] - The company has confirmed that there are no significant lawsuits or arbitrations related to debt issues involving Lujin Group [7] - The funds raised from stock pledges are mainly used for the operational needs of Lujin Group and its subsidiaries, and measures will be taken to mitigate risks if stock prices decline [10]