Shandong Molong (00568) announcement, recently received a letter from the controlling shareholder Shouguang Molong Holdings Co., Ltd., stating that some of the shares held by the company have been released from pledge and pledged business.
According to the announcement of Shandong Molong (00568), Shandong Molong Petroleum Machinery Co., Ltd. recently received a letter from its controlling shareholder Shouguang Molong Holdings Co., Ltd., indicating that it had lifted some of the pledged shares of the company and pledged business.
The number of shares released from pledge this time is 35.7 million shares, accounting for 4.47% of the company's total share capital, with the pledgee being Shandong Xindongneng Investment Management Co., Ltd.
The number of shares pledged this time is 35.7 million shares, accounting for 4.47% of the total share capital of the company. The purpose of the pledge is for financing business.