Gelonhui, July 20, 丨 Camel Co., Ltd. (601311.SH) announced that on July 17, 2020, the company received a notice from shareholder Hubei Tuofeng Investment Co., Ltd. (hereinafter referred to as “Tuofeng Investment”) about the release of the pledge of 74.4315 million shares (of which 17.176,500 were the company's 2019 bonus shares).

Tuofeng Investment holds 150 million shares of the company (of which 34.7035 million shares were the company's 2019 dividend shares), accounting for 13.41% of the company's total share capital; after the pledge was lifted this time, the cumulative number of shares that Tuofeng Investment pledged to the company was 0.

After the pledge was lifted, Liu Guoben, the controlling shareholder of the company, and his co-actors, Tuofeng Investment, and Jianshui Tuoling Enterprise Management Co., Ltd. pledged a total of 137 million shares (of which 3.65 million were the company's 2019 bonus shares), accounting for 28.99% of the total number of shares held by the company and 12.23% of the company's total share capital.