According to Guiguang Network's announcement, it recently received notices from Guiguang Investment, the controlling shareholder, and Guiguang Group, the indirect controlling shareholder, to release the pledge of some of their shares on July 23. Guiguang invested 58.205 million shares, accounting for 14.80% of its shares, 4.67% of the total share capital, and the remaining 100 million shares pledged; Guiguang Group disposed 10.815 million shares, accounting for 49.99% of its holdings, accounting for 0.87% of the total share capital, and unpledged shares after dissolution. As of June 30, 2026, Guiguang Investment and its co-actors collectively held 37.29% of the total share capital, and the cumulative pledged shares after this dissolution accounted for 8.02% of the total share capital.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.