Wedge Industrial's Controlling Shareholder Pledges 1.28% of Company Shares as Pledge Guarantee for Loan

MT Newswires Live

01/21

Wedge Industrial's (SHE:000534) controlling shareholder, Wanze Group, pledged 6.5 million company shares to Huishang Bank (HKG:3698) as a pledge guarantee for loans for subsidiaries, according to a Shenzhen bourse filing on Wednesday.

The guaranteed shares represent 1.28% of the superalloy manufacturer's total share capital.

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