Core Viewpoint - Zhejiang Chenfeng Technology Co., Ltd. announced the release of share pledges by its major shareholder, Hong Kong Jifei Industrial Co., Ltd., and its acting in concert party, Mr. Wei Yiji, which indicates a positive development in the company's financial stability and shareholder confidence [2][4]. Group 1: Shareholder Information - Hong Kong Jifei and Mr. Wei Yiji hold a total of 45,869,368 shares, representing 22.77% of the company's total share capital [2]. - The total number of shares released from pledge amounts to 40,265,951 shares, resulting in no pledged shares remaining for Hong Kong Jifei and Mr. Wei Yiji [2]. Group 2: Pledge Release Details - On July 27, 2021, Hong Kong Jifei pledged 39,523,810 shares to Zhongde Securities as collateral for the company's public issuance of A-share convertible bonds [3]. - On November 27, 2024, Mr. Wei Yiji pledged 742,141 shares to Zhongde Securities for additional collateral related to the convertible bonds [3]. - The company decided to exercise the early redemption right for the convertible bonds on October 13, 2025, and completed the redemption on November 21, 2025 [3]. Group 3: Future Plans - There are currently no plans for the released shares to be pledged again, and the company will fulfill its information disclosure obligations if there are any future changes [4].
浙江晨丰科技股份有限公司关于公司股东股份解除质押的公告