证券代码：000048 证券简称：京基智农 公告编号：2025-054

Core Viewpoint - The announcement details the share pledge situation of Shenzhen Jingji Zhino Times Co., Ltd. and its major shareholder, Jingji Group, highlighting the high percentage of pledged shares and recent changes in pledge status [2][10]. Summary by Sections Share Pledge Situation - As of October 14, 2025, Jingji Group and its acting-in-concert party, Shenzhen Jingji Times Industrial Co., Ltd., have pledged shares exceeding 80% of their holdings in the company [2][9]. - Jingji Times has released a pledge of 35,000,000 shares (6.60% of total shares) to the Industrial and Commercial Bank of China, Shenzhen East Gate Branch [4][10]. Historical Context - The number of shares pledged by Jingji Times increased from 116,641,816 to 151,634,360 due to a stock dividend distribution on May 10, 2021, where every 10 shares received 3 additional shares [3][10]. Financial Data - As of June 30, 2025, Jingji Group's interest-bearing debt amounted to 874,055.10 million yuan, with upcoming repayments of 87,337.50 million yuan and 85,337.50 million yuan due in the next six months and six months to one year, respectively [8]. - Jingji Times does not have any interest-bearing debt [8]. Purpose of Pledge - The pledged shares are intended to supplement liquidity and are not for meeting operational needs. The repayment sources include real estate sales revenue and rental income [8][9]. Risk Management - The high percentage of pledged shares is primarily due to the funding needs of Jingji Group and its subsidiaries, with no current risk of forced liquidation. The group plans to take measures such as early repayment or additional guarantees if liquidation risks arise [9][10]. Related Transactions - In 2024, the total amount of related transactions between Jingji Group and the company was 8,047.39 million yuan, with no loans provided to the company [9].