Tonghua Dongbao announced that on August 11, the controlling shareholder Dongbao Group released 32 million shares pledged to the Tonghua branch of the Bank of Communications and re-pledged the same amount of shares until February 6, 2028 for the purpose of supplementing working capital. As of the announcement date, Dongbao Group and its co-actors have pledged a total of 582 million shares, accounting for 90.73% of its total shareholding and 29.71% of the company's total share capital. In the next six months and one year, Dongbao Group will pledge shares due to corresponding financing balances of 615 million yuan and 295 million yuan, respectively, which have the ability to repay capital. The company warned that Toho Group's high percentage pledge poses certain risks.

Tonghua Dongbao announced that on August 11, the controlling shareholder Dongbao Group released 32 million shares pledged to the Tonghua branch of the Bank of Communications and re-pledged the same amount of shares until February 6, 2028 for the purpose of supplementing working capital. As of the announcement date, Dongbao Group and its co-actors have pledged a total of 582 million shares, accounting for 90.73% of its total shareholding and 29.71% of the company's total share capital. In the next six months and one year, Dongbao Group will pledge shares due to corresponding financing balances of 615 million yuan and 295 million yuan, respectively, which have the ability to repay capital. The company warned that Toho Group's high percentage pledge poses certain risks.