Tongding Interconnection's controlling shareholder and actual controller collectively release and re-pledge 138 million shares

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Tongding Interconnection announced that its controlling shareholder Tongding Group and actual controller Shen Xiaoping collectively released 138 million pledged shares, accounting for 31.36% of their holdings and 11.22% of the company's total share capital. At the same time, Tongding Group and Shen Xiaoping collectively pledged 138 million shares. As of the announcement date, Tongding Group and Shen Xiaoping have a cumulative pledged share count of 331 million shares, representing 75.26% of their total holdings. In the first quarter of 2026, Tongding Interconnection achieved revenue of 1.064 billion yuan and a net profit attributable to the parent company of 51.27 million yuan.

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Tongding Interconnection Information
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Controlling shareholder and actual controller re-pledge 138 million shares, with cumulative pledged shares at 75.26% of holdings, signaling financial strain.