CONCORD HC GP (02453) announced that on August 26, 2025, its controlling shareholder, Beijing Taihe Cheng, pledged 35.6 million H-shares with SPD Bank as the beneficiary. On October 27, 2025, the company received notice from Beijing Taihe Cheng that the pledge had been fully released on the same day. As of the announcement date, Beijing Taihe Cheng holds 35.6023 million H-shares, representing approximately 4.54% of the company's issued shares.
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