Kangyuan's controlling shareholder pledged 20 million shares, accounting for 20.87% of the company's total share capital

On August 18, 2022, Kangyuan (873033.NQ) issued an announcement of equity pledge.

The announcement shows that the company's shareholder Ma Hai increased 20,000,000.00 shares, accounting for 20.87%of the company's total share capital.In this pledged shares, 20,000,000,000.00 shares are limited sales conditions, and 0 shares are unlimited sales conditions.

The pledge period is from August 16, 2022 to August 11, 2023.The pledged shares are used for company financing. The pledged owner is Qiu County Rural Credit Cooperation Cooperative. There is no related relationship with the pledged owners and the pledged shareholders.The pledge shares have been settled in China for pledge registration.

The shares involved this time are the shares controlled by actual controllers.Including this pledged shares, if all quality shares are performed, it will not cause the company's controlling shareholder or actual controller to change.

The equity pledge provides guarantee for the company's application for financing, supplemented the company's required funds, is conducive to the expansion of the company's business, and enhances the company's operating capabilities.

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