Shandong Linglong Tyre Co Ltd601966
± MixedCapitalrelevance
Share pledge release reduces leverage risk but large remaining pledge and weak Q1 earnings keep outlook mixed.

Linglong Tire's controlling shareholder, Linglong Group, has released 47 million shares from pledge, representing 7.80% of its holdings and 3.21% of the company's total share capital. As of the announcement date, Linglong Group still has 141 million shares pledged, accounting for 23.32% of its holdings and 9.60% of the company's total share capital. In the first quarter of 2026, Linglong Tire achieved revenue of 6.057 billion yuan and net profit attributable to the parent company of 16.89 million yuan.
Shandong Linglong Tyre Co LtdShare pledge release reduces leverage risk but large remaining pledge and weak Q1 earnings keep outlook mixed.