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Xinhua Jin (600735): Lifting Of Pledge And Re Pledge Of 80 Million Shares By Controlling Shareholders
In June 19th, 600735.SH announced that the company had recently received a notice from the company's controlling shareholder Lu Jin group. Lu Jin group lifted the pledge and repawns some of its holdings. The lifting of the pledge and the remortgage of 80 million shares accounted for 43.12% of its shares.
The company's controlling shareholder, Shandong Lu Jin import and Export Group Co., Ltd. (Lu Jin group) holds about 186 million shares of listed companies, accounting for 49.34% of the total shares of the company, and the total number of collateral held by the listed companies is 157 million 500 thousand shares, accounting for 84.89% of the number of shares held by its listed companies.
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