Secote co.ltd(SH:603283) Shang Hai Zheng Quan Bao·2025-11-06 18:49Core Viewpoint - The announcement details the share pledge situation of a major shareholder, Ms. Zeng Hui, and indicates that the pledge is for replacing previous financing without involving new financing arrangements [2][3]. Group 1: Shareholder Pledge Details - Ms. Zeng Hui directly holds 52.160795 million shares, accounting for 18.94% of the company's total share capital. As of the announcement date, she has pledged a total of 24.7656 million shares, which represents 47.48% of her direct holdings and 8.99% of the company's total share capital [2]. - The share pledge is intended to replace her previous pledged financing and is expected to be completed by November 2025. Upon completion, 5.2206 million shares will be released from pledge, resulting in a total of 19.545 million pledged shares, which will then account for 37.47% of her direct holdings and 7.10% of the company's total share capital [2]. Group 2: Control and Risk Considerations - As of November 5, 2025, due to a divorce settlement, Mr. Sun Feng holds 19.58% and Ms. Zeng Hui holds 18.94% of the company's shares, indicating a potential change in control. Both parties are in further negotiations regarding subsequent arrangements, and the company will disclose any significant developments in a timely manner [4].