Wei Long Grape Wine Co LtdControlling shareholder still has 64.69% of its stake pledged, indicating financial strain, and company reported a net loss in Q1 2026.

Weilong Grape Wine controlling shareholder Xinghe Xirang has released 8.8 million pledged shares, representing 14.06% of its holdings and 2.65% of the company's total share capital. As of the announcement date, Xinghe Xirang still has 40.48 million shares pledged, accounting for 64.69% of its stake and 12.19% of the company's total share capital. In the first quarter of 2026, Weilong Grape Wine reported revenue of 74.96 million yuan and a net loss attributable to the parent company of 7.5 million yuan.
Wei Long Grape Wine Co LtdControlling shareholder still has 64.69% of its stake pledged, indicating financial strain, and company reported a net loss in Q1 2026.
As the controlling shareholder, Xinghe Xirang has over 60% of its stake in Weilong still pledged, reflecting potential liquidity issues.