*Dalian Hesheng, the largest shareholder of St continent, pledged 64.2 million shares for its own production and operation

On May 12, Dalian Hesheng Holding Group Co., Ltd., the largest shareholder of * ST continent (securities code: 000571), pledged 64.2 million shares to Dalian Branch of Fuxin Bank Co., Ltd. for its own production and operation.

*ST大洲第一大股东大连和升质押6420万股 用于自身生产经营

64.2 million shares were pledged, accounting for 59.53% of the company’s shares and 7.89% of the company’s total share capital. The pledge period is from May 11, 2021 to the time when the pledge is released.

According to the announcement, Dalian Hesheng held 107847136 shares, accounting for 13.25% of the total share capital of the company. It has pledged 64200000 shares, accounting for 59.53% of its shares and 7.89% of the total share capital of the company.

According to the company’s report for the first quarter of 2021, the company’s net profit attributable to shareholders of Listed Companies in the first quarter of 2021 was -33581075.29 yuan, a decrease compared with the loss in the same period of last year.

According to digbei.com, the main businesses of * ST continent are coal mining, beef food and logistics.


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