ZXZN QI-HOUSE (08395) Shares Pledged by Controlling Shareholder

Stock News
2025/10/27

ZXZN QI-HOUSE (08395) announced that on October 27, 2025, the company was informed that its ultimate controlling shareholder, Chairman, and Executive Director Mr. Tang Deng (Mr. Tang), along with the company's controlling shareholder (as defined under GEM Listing Rules) Yuding Limited (Yuding), entered into a loan agreement dated October 27, 2025, with an independent third party, Mr. Chen Jianghao (the Lender). The agreement pertains to a loan facility of HKD 16 million, secured by the pledge of 746 million ordinary shares of the company (the Pledged Shares) for the benefit of the Lender, as collateral for the loan extended to the controlling shareholder. Yuding is wholly owned by Mr. Tang. As of the date of this announcement, Mr. Tang directly holds 61.9 million shares of the company (approximately 3.91% of the issued share capital), while the controlling shareholder collectively owns 746 million shares (approximately 47.09% of the issued share capital). The Pledged Shares represent approximately 47.09% of the company's issued share capital as of the announcement date. The pledged shares do not fall under the scope of GEM Listing Rule 17.19.

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