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Nanshan Aluminum announced that Yili Electric, the concerted actor of Dongnanshan Group, the holding stock of the company, released 240 million shares pledged to Bohai International Trust on October 15, 2026, accounting for 2.09% of the company's total share capital; and pledged 240 million shares of the company to Societe Generale International Trust on October 16, 2026, accounting for 2.09% of the company's total share capital. The purpose of the pledge is daily operation, and the pledge expires on October 19, 2027. After the completion of this business, Nanshan Group pledged a total of 1,023 million shares, accounting for 8.91% of the company's total share capital; Yili Electric pledged 1,126 million shares, accounting for 9.80% of the company's total share capital. Together, the two pledged 2.49 billion shares, accounting for 18.71% of the company's total share capital. The pledge risk is manageable and will not lead to a change in the company's actual control.
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Nanshan Aluminum announced that Yili Electric, the concerted actor of Dongnanshan Group, the holding stock of the company, released 240 million shares pledged to Bohai International Trust on October 15, 2026, accounting for 2.09% of the company's total share capital; and pledged 240 million shares of the company to Societe Generale International Trust on October 16, 2026, accounting for 2.09% of the company's total share capital. The purpose of the pledge is daily operation, and the pledge expires on October 19, 2027. After the completion of this business, Nanshan Group pledged a total of 1,023 million shares, accounting for 8.91% of the company's total share capital; Yili Electric pledged 1,126 million shares, accounting for 9.80% of the company's total share capital. Together, the two pledged 2.49 billion shares, accounting for 18.71% of the company's total share capital. The pledge risk is manageable and will not lead to a change in the company's actual control.
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