Genvict Technology announced that its controlling shareholder Minxing Electronics has released 1 million pledged shares, representing 3.27% of its holdings and 0.57% of the company's total share capital. As of the announcement date, Minxing Electronics has a cumulative pledged share count of 15.01 million shares, accounting for 49.03% of its total holdings and 8.48% of the company's total share capital. The company reported first-quarter 2026 revenue of 102 million yuan and a net loss attributable to the parent company of 25.22 million yuan.
Shenzhen Genvict Technologies Co LtdControlling shareholder releases pledged shares but cumulative pledge ratio remains high at 49.03%, and company reported net loss of 25.22 million yuan in Q1 2026.