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Zhejiang Furun (600070): 11.5 Million Shares Pledged And Re Pledged By The Controlling Shareholder
Zhejiang Furun (600070. SH) announced that on September 28, 2021, the controlling shareholder of the company, Furun group, pledged 11.5 million shares of the company to Hangzhou branch of China Merchants Bank Co., Ltd., and went through the procedures of releasing the pledge.
On September 30, 2021, Furun group, the controlling shareholder of the company, handled the securities pledge registration business in China securities registration and Clearing Co., Ltd., and re pledged its 11.5 million shares of the company's circulation shares with unlimited sales conditions to Hangzhou branch of China Merchants Bank Co., Ltd.
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