Zhixin Finance App reports that Hong Jiuguo (06689) has announced that it has learned that the company's controlling shareholder, Chairman and CEO Mr. Deng Hongjiu (Mr. Deng), pledged 1.32 million shares of the company's domestic shares on August 19, 2024, equivalent to approximately 0.35% of Mr. Deng's direct holding of the company's shares, as collateral for a bank credit of RMB 10 million provided by the China Everbright Bank Co., Ltd. Chongqing Branch (lender) to the company's wholly-owned subsidiary, Chongqing Xin Hongjiu Supply Chain Management Co., Ltd. As of the date of this announcement, Mr. Deng has pledged a total of approximately 14.04% of the company's issued shares in the company's domestic shares.