Kouzijiao(SH:603589) Zheng Quan Zhi Xing·2025-09-03 16:08Core Viewpoint - The announcement details the extension of stock pledges by Liu Ansheng, a significant shareholder of Anhui Kouzi Liquor Co., Ltd, indicating a stable financial situation and controlled risks associated with the pledges [1][5]. Summary by Sections Stock Pledge Extension - Liu Ansheng holds 53,473,529 shares, representing 8.94% of the total shares of the company. After the pledge extension of 6,090,000 shares, the total pledged shares amount to 21,753,900, which is 40.68% of his holdings [1][4]. - Liu Ansheng and his concerted actors collectively hold 242,063,712 shares, accounting for 40.47% of the total shares. Following the pledge extension, the total pledged shares are 31,361,600, which is 12.96% of their total holdings [1][4]. Details of the Pledge - The shares were pledged on September 4, 2023, to Guotai Junan Securities Co., Ltd for a repurchase transaction, with the initial transaction date set for September 4, 2023, and the repurchase date extended to September 3, 2026 [1][3]. - The pledge extension is primarily due to personal reasons, and Liu Ansheng's credit status is reported to be good, with repayment sources including personal funds and investment returns [5][6]. Control and Risk Assessment - The total pledged shares by the actual controllers and concerted actors amount to 31,361,600, which is 12.96% of their total holdings and 5.24% of the company's total shares [4][5]. - The company asserts that there are no risks of forced liquidation or transfer of voting rights, ensuring that the control over the company remains unaffected [5][6].