Summary by Moomoo AI
BYADY CO., LTD. ANNOUNCED ON 2 JANUARY 2024 THAT MR. LU XIANGYANG, A SHAREHOLDER HOLDING MORE THAN 5% OF THE SHARES, HAS RECENTLY DEPOSITED AND DEMERGED SOME SHARES. Rongje Investment Holdings has pledged 2,800,000 shares, representing 1.80% of its shareholding and 0.10% of the total share capital of the company, pledged to Guangzhou Yuexiu Sub-branch of China Construction Bank Co., Ltd., for operational needs. The deposit will commence on 29 December 2023 and will be cancelled on 5 July 2024. In addition, Mr. Lu Xingyang cancelled the deposit of 1,518,000 shares representing 0.052% of the total share capital of the company. The rights holders are the Guangzhou Branch of CITIC Bank Corporation Limited and Guotai Jun'an Securities Co., Ltd. The Company stated that the cumulative pledged shares of Mr. Lu Xingyang and RongJie Investment Holdings are currently not subject to the risk of forced liquidation and will not have a material impact on the Company's production operations and corporate governance. THE COMPANY WILL CONTINUE TO FULFILL ITS INFORMATION DISCLOSURE OBLIGATIONS IN COMPLIANCE WITH RELEVANT LAWS AND REGULATIONS.