Core Points - The major shareholder of Mingxin Xuteng New Materials Co., Ltd., Zhuang Yan, pledged 4.8 million shares on September 29, 2025, which accounts for 17.14% of his holdings and 2.96% of the company's total share capital [1] - As of the announcement date, Zhuang Yan has cumulatively pledged 13.96 million shares, representing 49.86% of his total shares and 8.61% of the company's total share capital [1] - The pledged financing is intended to supplement working capital, with a maturity date set for September 29, 2026 [1] - The company asserts that Zhuang Yan has sufficient risk control capabilities, indicating no risk of forced liquidation of the pledged shares, and that this will not adversely affect the company's operations [1] - The company commits to timely disclosure of any significant changes in the future [1]
明新旭腾持股5%以上股东庄严部分股份质押