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Hytera announced that the company recently received a notice from the controlling shareholder Chen Qingzhou. A total of 81.4181,000 shares were released from the pledge procedure, accounting for 13.09% of its shares and 4.47% of the company's total share capital. The pledgers were Hi-Tech Investment Guarantee Guarantee and Huarong Asset respectively. After the release of the pledge, Chen Qingzhou pledged 173 million shares, accounting for 27.84% of his shares and 9.52% of the company's total share capital. Controlling shareholders and their co-actors have the ability to repay funds, and the risk of pledged shares is manageable.
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Hytera announced that the company recently received a notice from the controlling shareholder Chen Qingzhou. A total of 81.4181,000 shares were released from the pledge procedure, accounting for 13.09% of its shares and 4.47% of the company's total share capital. The pledgers were Hi-Tech Investment Guarantee Guarantee and Huarong Asset respectively. After the release of the pledge, Chen Qingzhou pledged 173 million shares, accounting for 27.84% of his shares and 9.52% of the company's total share capital. Controlling shareholders and their co-actors have the ability to repay funds, and the risk of pledged shares is manageable.
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