Tianshan Aluminum: Controlling shareholder Jinlong Energy pledges 1.48% of shares for financing

2026-03-27 04:38:33

Tianshan Aluminum Industry announced that its controlling shareholder, Shihezi Jinlong Energy Industrial Chain Co., Ltd., pledged 68.5 million shares on March 3, 2026, accounting for 9.75% of its holdings and 1.48% of the company’s total equity. The pledge period is until March 3, 2028, with Citic Securities Co., Ltd. as the pledgee, for its own financing needs. As of the announcement date, Jinlong Energy holds 702 million shares, with 68.5 million shares pledged; together with its concerted actions, it holds 1.698 billion shares, with 500 million shares pledged, accounting for 29.44% of its holdings and 10.80% of the company’s total equity.

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