Core Viewpoint - *ST Green Health has completed the release of the 100% equity pledge of its wholly-owned subsidiary, Green Health (Yushan) Film Material Co., Ltd., which was previously pledged as collateral for a 160 million yuan acquisition loan [1][2][4] Group 1: Background of the Event - The equity pledge was originally established to secure a 160 million yuan acquisition loan approved by the board on February 21, 2023 [2] - The loan was arranged with China CITIC Bank and was crucial for ensuring the acquisition funding was in place [2] Group 2: Release of Pledge - The company has optimized its collateral structure by replacing the equity pledge with a mortgage on the subsidiary's own assets [3] - Following the completion of the asset mortgage procedures, the company proceeded to release the equity pledge [3] Group 3: Impact of the Event - The release of the equity pledge restores the 100% equity of Green Health (Yushan) to an unencumbered state, enhancing the flexibility for future operations and capital movements [4] - This change reduces the potential risk of the parent company's equity being pledged, thereby strengthening the company's asset structure [4] - The company stated that this release of the equity pledge will not adversely affect its daily operations [4]
*ST绿康:解除子公司绿康玉山100%股权质押 原用于1.6亿元并购贷款