Summary by Futu AI
Chongqing Hongjiu Fruit Industry Co., Ltd. ("Hongjiu Fruit") announced on July 25, 2024 that Mr. Deng Hongjiu, the controlling shareholder and chairman of the board of directors and executive director of the company, has pledged approximately 3.49% of the company's domestic shares, or 13,200,000 shares, to Bank of Chengdu Co., Ltd. Chongqing Branch, as collateral for the RMB 110,000,000 credit line provided by the bank to the company. After this pledge, Mr. Deng has pledged a total of approximately 13.40% of the company's issued shares. Hongjiu Fruit's H shares have been suspended from trading on The Stock Exchange of Hong Kong Limited ("SEHK") since March 20, 2024 and will resume trading after the resumption guidance is achieved and approval is obtained from the SEHK.