Shandong Chenming Paper Co. Ltd. (stock code: 01812) announced that its controlling shareholder, Shandong Chenming Paper Holding Co. Ltd. (hereinafter referred to as the "Company"), has recently received a letter from its largest shareholder, Chenming Holding Group Co. Ltd. (hereinafter referred to as "Chenming Holding"), stating that it has lifted part of the pledged shares of the Company and extended the share pledge business.
Chenming Paper announced that it has received a letter from its major shareholder, Chenming Holding, stating that it has lifted part of the pledged shares of the Company and extended the share pledge business.
The number of shares released from the pledge this time is 20.43 million shares of A shares, accounting for 0.69% of the total share capital of the company; the number of shares pledged this time is 27 million shares of A shares, accounting for 0.91% of the total share capital of the company.