Core Viewpoint - The announcement from Shanying International indicates that its controlling shareholder, Taisheng Industrial, has recently completed the procedures for the release and re-pledging of 42.6 million shares of unrestricted circulating stock, with the release date set for December 23, 2025 [1] Group 1 - Taisheng Industrial has pledged 45.98 million shares to Fuzhou Jin Kong Commercial Factoring Co., Ltd., with a pledge period until July 23, 2026, and the financing is intended to provide guarantees for designated trading enterprises [1] - As of the announcement date, the controlling shareholder and its concerted parties hold a total of 25.94% of the total share capital, with the cumulative pledged shares accounting for 47.80% of their holdings and 12.40% of the total share capital [1] - The current pledge risk is considered controllable [1]
山鹰国际:控股股东4260万股股份解除质押及4598万股再质押