Concord Healthcare (2453) Announces Release of Share Pledge by Controlling Shareholder

Bulletin Express
2025/10/27

Concord Healthcare Group Co., Ltd. (2453) reported that a pledge of shares by its controlling shareholder, Beijing Concord, has been fully released. According to the announcement, this pledge was originally set up on August 26, 2025, in favor of SPDB to further secure the Company’s obligations under a non-revolving line of credit of up to RMB1.3 billion provided to Guangzhou Hospital.

The statement indicates that the pledge, which involved 35,602,300 H shares—representing approximately 4.54% of the Company’s total issued shares—was fully released on October 27, 2025. The Company has received notification confirming the release, and Beijing Concord continues to hold the mentioned H shares.

No additional changes or updates to other terms of the arrangement were disclosed, and the announcement does not mention any other material developments. According to the information provided, all obligations under the credit agreement remain as previously described.

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