Changqing Machinery controlling shareholder Wu Yinghong pledged 13.73 million shares to Hefei Xingtai Technology Microcredit Co., Ltd. on July 2, 2026, for production and operations. The pledged shares account for 21.12% of his total holdings and 5.77% of the company's total share capital. On the same day, Wu Yinghong released a previous pledge of 11 million shares. After these pledge and release transactions, Wu Yinghong's cumulative pledged shares total 30.96 million, representing 47.63% of his holdings and 13.01% of the company's total share capital.
Hefei Changqing Machinery Co LtdControlling shareholder pledges a significant portion of shares, indicating potential financial strain and increasing risk of forced selling.