Shangfeng Materials: 6 million shares pledged by the controlling shareholder

On September 28, Shangfeng Material (000672) announced that Shangfeng Holdings, the controlling shareholder of the company, pledged its 6 million shares, accounting for 1.88% of its shares and 0.62% of the company's total equity.

As of the disclosure date of the announcement, the controlling shareholders and their concerted actors had pledged 118 million shares, accounting for 36.79% of their shares and 12.14% of the company's total equity. In the middle

of 2026, Shangfeng Material realized revenue of 1.839 billion yuan and net profit of 1.364 billion yuan.