Jinrui Mining's controlling shareholder releases all pledged shares, involving 10.1M shares, accounting for 3.50% of the total share capital.

MaticHoleFiller · 2026-04-08T08:44:17+00:00

Qinghai Jinrui Mining's controlling shareholder, Qinghai Provincial Investment Group, has released its pledge of 10,095,038 shares. After the release, all of its holdings have been cleared, with a shareholding ratio of 29.99%. This move helps reduce the company's equity structure uncertainty and enhances governance stability.

MaticHoleFiller

2026-04-08 08:44:17

Abstract generation in progress

On March 26, Qinghai Jinrui Mining Development Co., Ltd. (stock code: 600714, stock abbreviation: Jinrui Mining) released an announcement. It said that the controlling shareholder, Qinghai Provincial Investment Group Co., Ltd. (hereinafter referred to as “Qinghai Provincial Investment”), has removed the pledge of 10,095,038 shares it held. After this removal, all of Qinghai Provincial Investment’s shares in the company have been released from pledge.

The announcement shows that on March 24, 2026, Qinghai Provincial Investment completed the removal procedures for the above shares with China Securities Depository and Clearing Co., Ltd. This removal of pledged shares is for unrestricted tradable shares. The original pledge start date was 2017, and the pledgee is China Chengxin Trust Co., Ltd.

Shareholder name
Qinghai Provincial Investment Group Co., Ltd.
—
Shares removed in this instance
10,095,038 shares
As a proportion of shares held by it
11.68%
As a proportion of the company’s total share capital
3.50%
Date of pledge removal
March 24, 2026
Shareholding amount
86,418,507 shares
Shareholding proportion
29.99%
Number of remaining pledged shares
0
Proportion of remaining pledged shares as a share of its holdings

Proportion of remaining pledged shares as a share of the company’s total share capital

As of the date of disclosure of this announcement, Qinghai Provincial Investment holds 86,418,507 shares of Jinrui Mining, accounting for 29.99% of the company’s total share capital, and is the company’s largest shareholder. The 10,095,038 shares whose pledge has been removed account for 11.68% of its total shareholding and 3.50% of the company’s total share capital. After the pledge is removed, the pledged status of all the shares held by Qinghai Provincial Investment has been cleared, and the number of remaining pledged shares is 0.

Jinrui Mining said that the company will continue to monitor the share pledge status of its controlling shareholder and fulfill its information disclosure obligations in a timely manner in accordance with relevant regulations. The controlling shareholder’s removal of all share pledges will help reduce uncertainty in the company’s equity structure and provide positive support for stable corporate governance.

Click to view the full text of the announcement>>

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