Yichun Lithium Energy's Controlling Shareholder Pledges 5.75 Million Shares to Repay Debt
By: news.futunn.com|11/13/2026 10:19:01
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Prefer us on GoogleYichun Lithium Energy announced that its controlling shareholder, Yichun Holdings, pledged 5.75 million shares to CITIC Securities on November 13, 2026, accounting for 0.26% of the company's total share capital. The purpose of the pledge is to repay debt, with the pledge set to expire on November 13, 2029. After the pledge, Yichun Holdings has cumulatively pledged 301 million shares, representing 46.22% of its holdings and 13.62% of the company's total share capital. Yichun Holdings has a good credit status, and the risk associated with the pledged shares is controllable, with no risk of forced liquidation, and it will not lead to a change in the actual control of the company.
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