Qianhe Condiment and Food Controlling Shareholder Wu Chaoqun Pledges 71.57 Million Shares and Releases 48.49 Million Shares from Pledge

Corporate Action
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Qianhe Condiment and Food controlling shareholder Wu Chaoqun has pledged 71.57 million shares and simultaneously released 48.49 million shares from pledge. The newly pledged shares account for 13.17% of his holdings and 5.38% of the company's total share capital, while the released shares represent 8.92% of his holdings and 3.64% of total share capital. As of the announcement date, Wu Chaoqun has a cumulative pledged share count of 235 million shares, representing 43.29% of his holdings and 17.68% of the company's total share capital. In the first quarter of 2026, the company achieved revenue of 818 million yuan and net profit attributable to the parent company of 148 million yuan.

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Qianhe Condiment&Food Co Ltd
603027
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Controlling shareholder pledges additional shares, increasing pledge ratio to 43.29% of holdings, signaling potential liquidity or financing concerns.