Core Viewpoint - The announcement details the share pledge and release situation of Shenzhen Jingji Zhino Times Co., Ltd., highlighting the high percentage of pledged shares by its controlling shareholder, Jingji Group, and its impact on the company's financial stability and operations [2][8]. Share Pledge and Release Summary - Jingji Group pledged 8,549,049 shares (1.61% of total shares) on July 21, 2025, and released 3,399,851 shares (0.64% of total shares) on September 22, 2025 [2]. - On the same date, Jingji Group pledged another 3,399,851 shares (0.64% of total shares) to an individual [2]. Controlling Shareholder Information - Jingji Group is a limited liability company based in Shenzhen, with a registered capital of 10,000 million RMB [5]. - The controlling shareholder's financial data indicates a total interest-bearing debt of 874,055.10 million RMB as of June 30, 2025, with upcoming repayment obligations [7]. Financial and Operational Context - The pledged shares are primarily for supplementing liquidity and are not intended for operational needs [8]. - The company has not experienced significant debt defaults or credit downgrades recently, indicating a stable financial position [7]. Related Transactions - In 2024, Jingji Group and its subsidiaries engaged in related transactions totaling 8,047.39 million RMB with the company, including guarantees amounting to 5,016.50 million RMB [8]. - For the period from January to August 2025, related transactions amounted to 2,263.45 million RMB, with no loans provided to the company [8]. Impact on Company Governance - The share pledge situation will not lead to changes in the company's actual control or affect its operations and governance [8].
深圳市京基智农时代股份有限公司股东股份解除质押及质押公告