Letong Chem(SZ:002319) Zheng Quan Zhi Xing·2025-09-05 16:33Core Viewpoint - The announcement details the share pledge and unpledge activities of Zhuhai Letong Chemical Co., Ltd.'s controlling shareholder, Shenzhen Dasheng Asset Management Co., Ltd., and its concerted action party, Shenzhen Youyue Meisheng Enterprise Management Co., Ltd. The total pledged shares exceed 80% of their holdings, indicating a significant financial maneuver that investors should monitor closely [1][5]. Summary by Sections Share Pledge and Unpledge Situation - Shenzhen Dasheng Asset Management has unpledged 10,000,000 shares, which is 4.77% of its holdings, and subsequently pledged the same amount to Wang Ruofei [1]. - As of the announcement date, the total pledged shares by Dasheng Asset and Youyue Meisheng amount to 51,990,000 shares, representing 24.82% of the company's total share capital [2][5]. Financial Data of Controlling Shareholders - Dasheng Asset's total assets as of December 31, 2024, were approximately 289,743.37 million RMB, with total liabilities of 205,889.12 million RMB, resulting in a net profit of -4,341.14 million RMB [5]. - Youyue Meisheng reported total assets of 12,751.24 million RMB and total liabilities of 0, with a net profit of -5.87 million RMB as of December 31, 2024 [5]. Risk Management and Future Actions - The company emphasizes that the share pledge activities will not impact its operational management or governance. Dasheng Asset and Youyue Meisheng have a good credit status and financing channels, ensuring they can meet their financial obligations [5][6]. - The company will continue to monitor the share pledge situation of its controlling shareholders and take necessary actions as per legal requirements [6].