Kings(SH:603505) Shang Hai Zheng Quan Bao·2025-09-10 19:40Core Viewpoint - The announcement details the pledge and release of shares by the controlling shareholder of Jinshi Resources Group Co., Ltd., indicating a total of 89,840,000 shares pledged, which represents 21.35% of the shares held by the shareholder and 10.67% of the total share capital of the company [2][5]. Group 1: Share Pledge Details - The controlling shareholder, Zhejiang Jinshi Industrial Co., Ltd., holds 420,875,804 shares, accounting for 50.00% of the company's total share capital [2]. - Recently, Jinshi Industrial pledged 30,000,000 shares to CITIC Securities and completed the release of previously pledged shares totaling 42,420,000 [2][4]. - After these transactions, the total pledged shares by Jinshi Industrial and its concerted parties amount to 89,840,000, which is 19.52% of their total holdings and 10.67% of the company's total share capital [2][5]. Group 2: Financial Health and Impact - Jinshi Industrial has a good credit status, with repayment sources including its own funds, stock dividends, and investment income, indicating sufficient repayment capability [5]. - The pledge does not involve any major asset restructuring or performance compensation guarantees, and it will not lead to a change in the company's actual control or affect its main business operations [3][5]. - In the event of risks such as forced liquidation during the pledge period, Jinshi Industrial plans to take measures like additional pledges or early repayments [5].