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Great Scenic Area Author of this article: Zhihui 2019-07-21
Xinhualian’s controlling shareholder has pledged more than 1.1 billion shares in total,Accounting for 97 of the total shares held by Xinhualian.70%,Accounting for 59% of the total share capital of Xinhualian.77%。
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July 20,Xin Hualian Cultural Tourism Development Co., Ltd. (referred to as "Xin Hualian") issued an announcement,He received a notice from the controlling shareholder New Hualian Holdings Co., Ltd. (referred to as "New Hualian Holdings"188bet Online Sports Betting and Casino ),Learned that Xinhualian Holdings pledged 76 million shares of the company it held,This pledge accounts for 6% of the company’s shares held by Xinhualian Holdings.55%。

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(Picture source: screenshot of Xinhualian announcement)

The announcement stated,As of the announcement disclosure date,Number of company shares held by Xinhualian Holdings 1,160,272,587 shares,Accounting for 61% of the company’s total share capital.17%,Cumulative pledged 1,133,641,560 shares,Accounting for 97 of the total number of company shares it holds.70%,Accounting for 59% of the company’s total share capital.77%。

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