Huamao Shares (000850): Release The Pledge Of 25 Million Guotai Junan A Shares

Glonghui (000850. SZ) announced on July 10 that the company has submitted an application to Anqing Branch of Bank of communications for the release of stock pledge according to the agreement a few days ago, and Anqing Branch of Bank of communications applied to Shanghai Branch of China securities registration and Clearing Corporation to handle the procedures for the cancellation of securities pledge registration. As of July 10, 2020, the 25 million shares of Guotai Junan Securities, which were pledged by the company to Anqing Branch of Bank of communications, have all been released from the pledge.

As of the announcement date, the company held 45.3765 million shares of Guotai Junan's shares, accounting for 0.51% of the company's registered capital. Among them, 12.2 million shares were used for pledge type repurchase of securities (pledged to Anqing Branch of Industrial Bank), with a total financing balance of 100 million yuan.