Hongfa(SH:600885) Shang Hai Zheng Quan Bao·2025-10-10 19:00Core Viewpoint - The announcement details the extension of share pledges by the controlling shareholder, Youge Venture Capital Co., Ltd., which holds 27.35% of the company's total shares, indicating a total of 10,724,000 shares are being extended, representing 0.73% of the company's total shares [2][4]. Group 1: Shareholding and Pledge Details - Youge Venture Capital directly holds 399,216,292 shares, accounting for 27.35% of the total share capital [2]. - The current pledge extension involves 10,724,000 shares, which is 2.69% of Youge's total holdings and 0.73% of the company's total shares [2]. - After the extension, Youge Venture's total pledged shares will amount to 69,172,000, which is 17.33% of its total holdings and 4.74% of the company's total shares [2]. Group 2: Pledge Extension Timeline - On October 16, 2023, Youge pledged 4 million shares to GF Securities, with a maturity date of October 15, 2025. An additional 600,000 shares were pledged on December 20, 2023, and 4.6 million shares were extended on September 23, 2024, to the same maturity date [2]. - Following the company's capital increase on June 19, 2025, the pledged shares increased to 6.44 million, and the extension will now last until September 15, 2026 [2][3]. - On September 23, 2023, Youge pledged 3.06 million shares to GF Securities, which also has a maturity date of October 15, 2025. After the capital increase, this amount changed to 4.284 million shares, with the extension also lasting until September 15, 2026 [3].