Summary by Moomoo AI
BYADY CO., LTD. ANNOUNCED ON 28 DECEMBER 2023 THAT MR. LU XIANGYANG, SHAREHOLDERS HOLDING MORE THAN 5%, AND RONGJE INVESTMENT HOLDING GROUP CO., LTD., DEPOSITED AND DEMERGED SOME SHARES. Mr. Lu Xingyang pledged 810,000 shares on December 27, 2023, representing a shareholding ratio of 0.34%, and plans to de-stake on January 1, 2025; an additional 700,000 shares, representing 0.29%, are expected to be liquidated on June 28, 2024. The rights holders of the securities are Bank of China Corporation Guangzhou Dongshan Subdivision and Guangzhou Haizhu Subdivision of Agricultural Bank of China Co., Ltd., for the purpose of operating needs. Rongje Investment Holdings pledged 480,000 shares on December 28, 2022, representing a shareholding ratio of 0.31%, and was de-pledged on December 28, 2023. The rights person is Security Securities Co., Ltd. The notice states that the sub-deposit and de-securitisation will not have a material impact on the Company's production operations and corporate governance and there is no risk of forced closing.