On November 1, 2021, Guofang Group (601086.SH) announced that the company received a notice from Zhang Hui, a consistent actor of the controlling shareholder, on the release of the pledge business of the company's shares held by it.
On October 26, 2021, Zhang Hui conducted a stock pledge repurchase early repurchase transaction with Zhejiang Securities Co., Ltd. for 32.1 million shares of the company held by Zhang Hui, and the corresponding share pledge was released after the repurchase transaction was completed.
This article originated from Grand Gateway