Kelun Pharmaceutical's controlling shareholder Liu Gexin recently released 9.167 million pledged company shares, accounting for 2.42% of his holdings and 0.58% of the company's total share capital. At the same time, he pledged an additional 6.9 million company shares, representing 1.82% of his holdings and 0.43% of the company's total share capital, for personal funding needs. Following this pledge, Liu Gexin has a cumulative pledge of 89.02 million company shares, making up 23.48% of his holdings and 5.6% of the company's total share capital.
Sichuan Kelun Pharmaceutical Co LtdControlling shareholder pledges additional shares for personal funding, increasing pledge ratio and signaling potential liquidity concerns.
