Daodaoquan Grain and Oil Co., Ltd. controlling shareholder Liu Jianjun released 12 million shares of the company from pledge on July 27, 2026, accounting for 16.09% of his holdings and 3.49% of the company's total share capital, with the pledgee being Bank of Beijing. As of the announcement date, Liu Jianjun holds approximately 74.5956 million shares, representing 21.69% of the total share capital. After this release, his cumulative pledged shares amount to 13.7 million, accounting for 18.37% of his holdings and 3.98% of the total share capital. Liu Jianjun and his concert parties collectively hold approximately 127 million shares, representing 37.05% of the total share capital, with cumulative pledged shares of 32.7 million, accounting for 25.66% of their combined holdings and 9.51% of the total share capital. The company stated that the controlling shareholder and his concert parties have good credit standing, the pledge risk is controllable, and there is no risk of forced liquidation.
Daodaoquan Grain and Oil Co LtdControlling shareholder releases 12M shares from pledge, reducing pledge ratio; company says risk controllable, no forced liquidation risk.