XCC(SH:603667) Shang Hai Zheng Quan Bao·2025-11-03 20:07Core Viewpoint - The announcement details the partial release of stock pledges by a significant shareholder of Zhejiang Wuzhou Xinchun Group Co., Ltd., indicating a stable financial situation and no immediate risks to the company's operations or governance [1][4]. Summary by Sections Stock Pledge Release - Zhejiang Wuzhou Holdings Group Co., Ltd. released a total of 3,150,000 shares from pledge on October 31, 2025, which were previously pledged to Shanghai Pudong Development Bank [3]. Shareholding and Pledge Status - As of the announcement date, Zhejiang Wuzhou Holdings Group holds 23,360,187 shares, representing 6.38% of the total share capital, with 19,090,000 shares pledged, accounting for 81.72% of their holdings and 5.21% of the total share capital [2]. - The total shares held by the controlling shareholder and its concerted parties amount to 138,451,165 shares, or 37.81% of the total share capital, with a cumulative pledge of 24,580,000 shares, which is 17.75% of their holdings and 6.71% of the total share capital [2][3]. Financial Health and Risk Management - The controlling shareholder and its concerted parties are reported to have a good credit status and repayment capability, primarily relying on stock dividends and investment income, indicating no risk of forced liquidation of pledged shares [3]. - The partial release of stock pledges is not expected to materially affect the company's operations or governance, nor will it lead to changes in actual control [4].