Sifangda: controlling shareholder to conduct stock pledged repo

Abstract On Thursday, May 19, 2014, Henan Sifangda Superhard Materials Co., Ltd. (hereinafter referred to as “the company”) received a notice from the controlling shareholder, Mr. Fang Haijiang, on the stock pledged repo transaction of some of the shares held by the company. With...
Henan Sifangda Superhard Materials Co., Ltd. (hereinafter referred to as “the company”) received a notice from the controlling shareholder Fang Haijiang on the stock pledged repo transaction of some of the shares held by the company on May 19, 2014. Details are as follows:

Due to personal financing needs, Mr. Fang Haijiang locked up 12,960,000 shares held by the company's stock executives and pledged them to Shanghai Guotai Junan Securities Asset Management Co., Ltd. in the form of stock pledged repo transactions. The initial trading day is May 16, 2014. On the day of the purchase, the transaction date is May 13, 2015. The pledged shares accounted for 21.23% of the total number of shares held by Mr. Fang Haijiang, accounting for 6% of the company's total share capital.

As of the date of this announcement, Mr. Fang Haijiang holds a total of 61,038,225 shares of the company, accounting for 28.26% of the company's total share capital, of which the accumulated pledged shares are 12,960,000 shares, accounting for 21.23% of the total number of shares held by the company, accounting for 6 of the company's total share capital. %.

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