Dongfang announced that its controlling shareholder, Jiangsu Wuxi Commercial Building Group, has pledged 24.02 million shares, representing 6.07% of its holdings and 2.71% of the company's total share capital. As of the disclosure date, the group's cumulative pledged shares have reached 292 million shares, accounting for 73.83% of its holdings and 33.00% of the company's total share capital. In the first quarter of 2026, the company achieved revenue of 709 million yuan and a net profit attributable to the parent of 18.14 million yuan.
Wuxi Commercial Mansion Grand Orient Co LtdControlling shareholder pledges additional shares, with cumulative pledge exceeding 70% of holdings, signaling potential financial strain or risk of forced selling.