Zhejiang Furun (600070): The Controlling Shareholder Released The Pledge Of 16.8 Million Shares
On the evening of May 2020, the stock pledge of Furun Group Co., Ltd. was released to the shareholders of China Furun Group Co., Ltd. on May 2020.
Furun group, the controlling shareholder of the company, holds 101.2734.42 million shares of the company, accounting for 19.40% of the total share capital of the company. After the pledge is released, Furun group has pledged 37.1 million shares of the company, accounting for 36.63% of its total shares and 7.11% of the total share capital of the company.
The company's controlling shareholder Furun group and its acting in concert Zhejiang Zhuji Huifeng Venture Capital Co., Ltd. (hereinafter referred to as "Huifeng venture capital") hold 126.520708 million shares of the company, accounting for 24.24% of the total share capital of the company. After the pledge is released, the controlling shareholder and its acting in concert pledge 62.1 million shares of the company, accounting for 49.08% of the total shares, It accounts for 11.90% of the total share capital of the company.
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