Kyushu Express announced that on July 24, the company received a notice from the controlling shareholder Chu Chang Investment and its co-actors that Chu Chang Investment and Zhongshan Guangyin released their pledges of 71 million shares and 32 million shares respectively ahead of schedule; Beijing Dianjin pledged 101 million shares to Hankou Bank. As of July 24, the total number of shares held by the controlling shareholders and their co-actors accounted for 45.43% of the total share capital. After the processing was completed, the total number of pledged shares accounted for 56.99% of their holdings, accounting for 25.89% of the total share capital. Some of the pledged shares will expire within the next six months or one year, and the parties concerned will be able to repay the funds.

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