TANDE(SH:600665) Zheng Quan Zhi Xing·2025-08-05 16:33Core Viewpoint - Tande Co., Ltd. announced the release and re-pledging of shares by its controlling shareholder, Xi'an High-tech Industry Development Zone Real Estate Development Co., Ltd., which holds 57.52% of the company's total shares [2][4]. Group 1: Share Pledge Details - The controlling shareholder released 131,500,469 shares from pledge, accounting for 26.46% of its holdings and 15.22% of the company's total shares on August 4, 2025 [4][7]. - Following the release, the controlling shareholder re-pledged 131,500,469 shares, resulting in a total of 248,500,469 shares pledged, which is 50.00% of its holdings and 28.76% of the company's total shares [2][4]. - As of the announcement date, the remaining pledged shares amount to 117,000,000, which is 23.54% of the controlling shareholder's holdings and 13.54% of the company's total shares [4][8]. Group 2: Financial Implications - The controlling shareholder has a financing balance of RMB 250 million (approximately $36.5 million) secured by the pledged shares, which is expected to be repaid through operational income [7][8]. - The pledge will not significantly impact the company's main business, financing credit, or operational sustainability [8]. - There are no major asset restructuring or performance compensation obligations associated with the pledged shares [8].