金洲管道：上海金洲智慧累计质押股数为5500万股

Group 1 - The core point of the article highlights the financial distress faced by the "Jie Wo Rui" platform under the Shui Bei Gold platform, which is experiencing a payout crisis due to high leverage and rising gold prices [1] - Shanghai Jinzhu Wisdom has pledged a total of 55 million shares, representing 49.75% of its holdings, indicating potential liquidity issues [1] Group 2 - The platform's leverage is reported to be 40 times, which exacerbates the financial risks as gold prices increase, leading to greater losses for the platform [1] - Investors are dissatisfied with the proposed payout plan, which offers only 20% of the principal amount, highlighting the severity of the situation [1]