XSS(SH:600117) Di Yi Cai Jing·2025-11-04 09:17Core Viewpoint - The announcement from Xining Special Steel indicates that its controlling shareholder, Tianjin Jianlong, has pledged 50.2397 million shares of the company, which represents 5.15% of its holdings and 1.5434% of the total share capital of the company [1] Summary by Relevant Sections - Pledge Details - The pledged shares are intended to support the company's operational needs and provide a guarantee for a one-year comprehensive credit facility of 300 million RMB from Bohai Bank, Tianjin Branch [1] - Current Pledge Status - As of the date of the announcement, Tianjin Jianlong has pledged a total of 674 million shares, which accounts for 69.15% of its total shareholdings and 20.71% of the company's total share capital [1]