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Zhongji Innolight Controller Releases 1.35M Share Pledge, Ratio Drops to 2.76%

Published: Updated: By 24TopNews Editorial Desk

Zhongji Innolight's actual controller, Wang Weixiu, released a pledge on 1.35 million shares with GF Securities, representing 1.94% of his holdings and 0.11% of total shares. As of the announcement date, Wang and his concert parties had 5.328 million pledged shares, equal to 2.76% of their combined holdings.

Zhongji Innolight announced that Wang Weixiu, the company's actual controller, has completed the release of a pledge on 1.35 million shares held by him with GF Securities. The released shares account for 1.94% of his total holdings and 0.11% of the company's total share capital.

As of the announcement date, Wang Weixiu and his concert parties had an aggregate of 5.328 million pledged shares, representing 2.76% of their combined shareholdings.