Glonghui on December 27丨Zhonglu Co., Ltd. (600818.SH) announced that as of the disclosure date of the announcement, Shanghai Zhonglu (Group) Co., Ltd. (“Zhonglu Group”), the controlling shareholder of the company, held 101,434,334 shares of the company's shares, accounting for 31.56% of the company's total share capital.
On December 27, 2021, the company received a “Notice” conveyed by the controlling shareholder Zhonglu Group. Since its financing and securities lending business with the Longcao Road Securities Sales Department of Shenwan Hongyuan Securities Shanghai Xuhui District has triggered default clauses agreed in the agreement, Shenwan Hongyuan has breached some of the shares. On December 22, 2021, Zhonglu Group was forced to close its positions and passively reduced its holdings of the company's shares by means of centralized bidding transactions to a total of 588,800 shares, accounting for 0.18% of the company's total share capital.