GXSH(SZ:000716) Shang Hai Zheng Quan Bao·2025-10-20 19:26Core Viewpoint - The announcement details the pledge of shares by the controlling shareholders of Southern Black Sesame Group Co., Ltd., indicating a significant portion of their holdings is pledged, which may raise concerns for investors [2][3]. Summary by Sections Share Pledge Basic Information - The controlling shareholders, Mr. Li Hanrong and Mr. Li Yuqi, have pledged their shares, with the total pledged shares accounting for 74.52% of their holdings [2]. Cumulative Pledge Situation - As of the announcement date, the cumulative number of pledged shares by the controlling shareholders and their concerted actors is 209,083,334 shares, with a corresponding financing balance of 25.48 million [3]. - Within the next six months, 44,000,000 shares are set to mature, representing 15.68% of their total holdings and 5.84% of the company's total share capital, with a financing balance of 6.8 million [3]. - For the next year, 64,500,000 shares will mature, accounting for 22.99% of their total holdings and 8.56% of the company's total share capital, with a financing balance of 11.8 million [3]. Risk Management - The company asserts that the pledge risk is within a controllable range, with no current debt repayment risks or forced liquidation risks for the pledged shares [3]. - The repayment sources for the pledged shares include self-funds and self-raised funds [3]. Impact on Company Operations - The share pledge does not affect the company's production, operations, or governance [4].