Summary by Futu AI
Chongqing Hongqiu Fruit Co., Ltd. (“Hongqiu Fruit Products”) announced on April 30, 2024 that Mr. Tang Hongqiu, the Company's holding shareholder and Chairman, had vested 35,300,000 of its total direct shareholding shares on April 27, 2024, representing 9.34% of its total direct shareholding, to CITIC Bank Corporation Limited. Line. The pledge was used to provide the company with a financing loan totaling RMB266,634,600. As of the date of the announcement, Mr. Tang's accumulated outstanding shares represent approximately 5.96% of the total issued shares of the Company. CITIC BANK CO., LTD. CHONGQING BRANCH IS AN INDEPENDENT THIRD PARTY TO THE COMPANY AND ITS AFFILIATES.