2 1 Shi Ji Jing Ji Bao Dao·2025-11-12 08:56Core Viewpoint - The company, Times Wan Heng, announced the release of 20,000,000 shares from pledge, which represents 13.97% of the shares held by its controlling shareholder and 6.80% of the total share capital [1] Summary by Relevant Sections - Pledge Release Details - The controlling shareholder, Times Wan Heng Holdings Group, has completed the release of 20,000,000 shares pledged to Industrial Bank [1] - The release was confirmed by the China Securities Depository and Clearing Corporation Limited, Shanghai Branch [1] - Current Pledge Status - After the release, the total number of shares pledged by Times Wan Heng Holdings Group is 117,735,043 shares [1] - This represents 82.26% of the shares held by the controlling shareholder and 40.00% of the company's total share capital [1]