Core Viewpoint - The announcement indicates that the controlling shareholder, Li Hu, has released a pledge on 7.752 million shares, which represents 9.76% of his holdings and 3.42% of the company's total share capital, suggesting a positive liquidity event for the company [1] Group 1 - Li Hu's release of the pledge on 7.752 million shares occurred on November 26, 2025, while the remaining 2.3 million shares' release date has been postponed to November 26, 2026 [1] - As of the announcement date, Li Hu has a total of 6.05 million shares pledged, accounting for 7.62% of his holdings and 2.67% of the company's total share capital, indicating a manageable level of pledge risk [1] - The previous share reduction plan by Li Hu has been fully implemented, and the release of the pledge will not affect the company's control [1]
德明利：控股股东775.2万股解除质押，剩余质押延期