Ningbo Tianlong Electronics Co LtdControlling shareholder pledges 10 million shares, increasing cumulative pledged shares to 39.51% of holdings, signaling potential financial strain or risk of forced selling.

Tianlong Shares controlling shareholder Zhejiang Antai Holdings Group Co., Ltd. has pledged 10 million shares, representing 10.40% of its holdings and 5.03% of the company's total share capital. As of the announcement date, Antai Holdings has cumulatively pledged 38 million shares, accounting for 39.51% of its total holdings and 19.11% of the company's total share capital. In the first quarter of 2026, Tianlong Shares achieved revenue of 320 million yuan and net profit attributable to the parent of 29.81 million yuan.
Ningbo Tianlong Electronics Co LtdControlling shareholder pledges 10 million shares, increasing cumulative pledged shares to 39.51% of holdings, signaling potential financial strain or risk of forced selling.
As the controlling shareholder, Antai Holdings' increased pledge of its Tianlong Shares stake may indicate its own financial pressure or need for liquidity.