Core Viewpoint - Hongyang Services (01971) announced the pledge of 302 million ordinary shares, representing approximately 72.77% of the company's total issued share capital, to Serica Agency Limited as collateral for certain notes issued by Hongsheng Limited, as part of the restructuring plan scheduled for completion on August 19, 2024 [1] Group 1 - The pledged shares are part of a restructuring plan involving Hongsheng Limited, with actions taken by the pledgee to enforce their rights over the pledged shares as of October 21, 2025 [1] - The board of directors is seeking legal advice to protect the company's interests in the pledged shares and has received notifications from the appointed receivers and managers [1] - The board believes that the company's operational and financial conditions remain normal, and since the company is not a party to the matter, it does not significantly impact the company's business operations, financial status, or debt repayment ability [1]
弘阳服务：承押人称已采取行动强制执行其于质押股份的抵押权益