On December 29, China Calxon Group Co.Ltd(000918) (hereinafter referred to as ” China Calxon Group Co.Ltd(000918) “) announced that Guangzhou Kailong Real Estate Co., Ltd. (hereinafter referred to as “Guangzhou Kailong”), which holds more than 5% of its shares, has carried out stock pledge repo business with Citic Securities Company Limited(600030) . Because the business has expired and the debt has not been repaid, there is a risk of passive reduction of the company’s shares pledged by Guangzhou Kailong due to liquidation.
The announcement shows that as of December 29, 2021, Guangzhou Kailong has accumulated about 245 million Pledged Shares, accounting for 100% of the total China Calxon Group Co.Ltd(000918) shares it holds, 13.57% of the total share capital of China Calxon Group Co.Ltd(000918) , and the pledgee is Citic Securities Company Limited(600030) .
At the same time, the announcement also disclosed that Guangzhou Kailong plans to reduce the company’s shares by means of centralized bidding trading and block trading, with a total of no more than 108 million shares, accounting for 6% of the company’s total share capital. The passive reduction plan is mainly to repay Citic Securities Company Limited(600030) stock pledge financing loans, and the reduced shares are from Guangzhou Kailong
(Beijing News)
