Xiamen Intretech Inc Class AControlling shareholder releases pledge on 11.6 million shares but cumulative pledged stake remains high at 52.19% of holdings, mixed signal.

Intretech announced that its controlling shareholder, Malata Industrial, has released the pledge on 11.6 million shares, representing 2.99% of its holdings and 1.50% of the company's total share capital. As of the announcement date, Malata Industrial has cumulatively pledged 203 million shares, accounting for 52.19% of its holdings and 26.27% of the company's total share capital. In the first quarter of 2026, Intretech achieved revenue of 1.137 billion yuan and net profit attributable to the parent of 93.26 million yuan.
Xiamen Intretech Inc Class AControlling shareholder releases pledge on 11.6 million shares but cumulative pledged stake remains high at 52.19% of holdings, mixed signal.
As controlling shareholder, Malata Industrial's pledge release and remaining high pledge level affect its financial position, but impact unclear.