On November 11, Sungrow (SZ:300274) announced that the company recently received notification from its controlling shareholder and actual controller, Mr. Cao Renxian, regarding the release of a pledge on a portion of his shares in the company. The number of shares released from the pledge is 1.96 million, representing 0.09% of the company’s total share capital.
According to the announcement, as of the date of the disclosure, the total number of shares pledged by Mr. Cao Renxian stands at 24.33 million, accounting for 1.17% of the company’s total share capital.
