According to the news from Diaobei.com on September 14th,Zhongbei CommunicationsLi Liubing, the controlling shareholder of Group Co., Ltd. (stock code: 603220)China Merchants Securities Co., Ltd.The company pledged 1 million shares to supplement the pledge, and did not involve additional financing.

According to the announcement, the controlling shareholder Li Liubing has pledged 1 million shares, accounting for 1.06% of the company's shares and 0.30% of the company's total share capital. The pledge period is from September 11, 2020 to March 24, 2022.

As of the date of this announcement, Li Liubing held a total of 94,149,200 shares in the company, accounting for 27.87% of the company's total share capital. A total of 43,850,000 shares were pledged, accounting for 46.58% of the shares held by them and 12.98% of the company's total share capital.

According to the company's 2020 semi-annual report, the company's net profit attributable to shareholders of listed companies in the first half of 2020 was 5,093,076.33 yuan, down 87.88% from the same period last year.

According to data from Diaobei Network, the China-Beijing Communications business mainly focuses on communication network construction, extends to communication network planning and design, network optimization and maintenance services, and also develops 5G industry informatization applications, smart cities, and ICT system integration services.