BNMC(SH:601011) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2026-02-10 23:14Core Viewpoint - The announcement details the shareholding and pledge situation of the controlling shareholder, Baotailong Group, and its implications for Baotailong New Materials Co., Ltd. Shareholding and Pledge Situation - As of the announcement date, Baotailong Group holds 455,893,493 shares, accounting for 23.80% of the total share capital of the company [2] - The cumulative number of pledged shares by Baotailong Group is 368,300,000 shares, representing 80.79% of its holdings [2] Pledge Details - The pledge involves 10 million unrestricted circulating shares as collateral for a maximum guarantee of 30 million yuan for business transactions with Xiamen Jianxiang Shangda Co., Ltd. and its affiliates, with a pledge period of 23 months [2] Impact on Company Operations - The pledged shares are not used for major asset restructuring or performance compensation guarantees [3] - There are no upcoming expirations of pledged shares within the next six months to one year [4] - The pledge will not significantly impact the company's main business, financing costs, or operational capabilities, nor will it change the actual control of the company [4] Financial Health of Controlling Shareholder - Baotailong Group has a registered capital of 90 million yuan and operates in construction materials, mining machinery parts, and coal production [6] - The group has no outstanding bonds or significant litigation related to debt issues, indicating no debt risk [6] Transactions with the Company - In the fiscal year 2025, there were no significant related party transactions or external investments involving the controlling shareholder [7] - The company borrowed a total of 115.8 million yuan from Baotailong Group and repaid 86.6 million yuan, with no harm to the company's interests [7] Risk Assessment of Pledge - The current pledge situation is a temporary phase, with the pledged shares slightly exceeding 80% due to the synchronization of bank loan pledges [8] - The company's stock price is above the pledge price and warning line, indicating no immediate risk of forced liquidation [8]