Luxiao Technology's controlling shareholder Luxiao Group pledges 20 million shares

Luxiao Technology announced that the company's controlling shareholder, Luxiao Group Co., Ltd. pledged 20 million shares of its company to Industrial and Commercial Bank of China as a financing guarantee for Luxiao Group, accounting for 11.11% of the total share capital.

As of the announcement date, Luxiao Group holds a total of 78 million shares of the company, accounting for 43.33% of the total share capital, and accumulated 44 million shares, accounting for 24.44% of the total share capital.

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