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Oriental Guoxin Controlling Shareholder Pledges 11.2 Million Shares with Extended Repurchase Period; Pledge Ratio Remains Stable
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Beijing Dongfang Guoxin (Rights Protection) Technology Co., Ltd. (Stock Code: 300166, Stock Abbreviation: Dongfang Guoxin) announced on March 18, 2026, that the company’s controlling shareholder and actual controller, Mr. Guan Lianping and Mr. Huo Weiping, have extended the buyback of some pledged shares. The total shares involved amount to 11.2 million, accounting for 0.98% of the company’s total share capital.
The announcement shows that all shares extended for buyback are freely tradable shares (including 400,000 shares of Mr. Huo Weiping which are locked for executives). The pledgee is Guolian Minsheng Securities Co., Ltd. The original pledge maturity date was March 17, 2026. After extension, the pledge maturity date is uniformly adjusted to September 17, 2026. The purpose of the pledge is for financing.
As of the disclosure date of the announcement, Mr. Guan Lianping directly holds 160,883,777 shares, accounting for 14.13% of the total share capital. He has pledged 41,968,500 shares, representing 26.09% of his holdings and 3.69% of the total share capital. Mr. Huo Weiping directly holds 113,081,260 shares, accounting for 9.93% of the total share capital. He has pledged 27,353,000 shares, representing 24.19% of his holdings and 2.40% of the total share capital. After this extension, the total pledged shares of the two actual controllers remain at 69,321,500, accounting for 25.30% of their combined holdings and 6.09% of the total share capital. The overall pledge ratio remains stable.
The announcement specifically states that, as of now, there is no risk of margin calls on the pledged shares. The company indicates that the pledge of controlling shareholders’ shares will not have a substantial impact on the company’s operations or governance, and their shares do not involve performance compensation obligations. If a margin call risk arises in the future, the company will fulfill its disclosure obligations promptly.
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Disclaimer: The market carries risks; investments should be cautious. This article is automatically published by an AI large model based on third-party databases and does not represent Sina Finance’s views. All information in this article is for reference only and does not constitute personal investment advice. Please refer to the actual announcement for accuracy. If you have questions, contact biz@staff.sina.com.cn.
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Editor: Xiao Lang Kuai Bao