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Neusoft Education Technology Co. Limited ( (HK:9616) ) has issued an update.
Neutech Group Limited announced that its controlling shareholder’s subsidiaries, Dongkong First and Dongkong Second, have had all previously pledged shares in the company fully released and discharged as of 10 April 2026. These pledged shares, totaling 247,465,000 and once securing a RMB325.5 million loan, had represented about 38.30% of Neutech’s issued share capital at the time of the original pledge.
Following the release, Dongkong First and Dongkong Second now collectively hold approximately 39.29% of Neutech’s total issued shares, reaffirming the stability of the controlling shareholder’s position. The removal of the share pledge eases concerns over potential enforced disposals tied to loan covenants and may be viewed positively by investors monitoring the company’s ownership structure and governance risk profile.
More about Neusoft Education Technology Co. Limited
Neutech Group Limited is a Hong Kong-listed company incorporated in the Cayman Islands, operating through its subsidiaries and consolidated affiliated entities. The Group is controlled by Dalian Neusoft Holdings Co., Ltd., which holds its stake via wholly owned units Dongkong First and Dongkong Second, together representing a significant minority shareholding in the company.
Average Trading Volume: 170,900
Technical Sentiment Signal: Sell
Current Market Cap: HK$1.55B
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