2025‑12‑09 – Hubei Xingfa Chemicals Group Co., Ltd. – Shareholder Pledge and Release Announcement

Company Overview

Hubei Xingfa Chemicals Group Co., Ltd. (Shanghai Stock Exchange: 600141) is a Chinese chemical manufacturer listed on the Shanghai Stock Exchange. The company specializes in phosphoric chemicals, producing yellow phosphorus, glyphosate, phosphorus trichloride, phosphic acid, and related products. Its primary markets include the United States, Japan, Brazil, and Vietnam. As of 9 December 2025, the share price closed at 32.21 CNY, with a 52‑week high of 36.95 CNY and a 52‑week low of 19.24 CNY. The market capitalization stands at 35,730,000,000 CNY, and the price‑earnings ratio is 22.37.

Regulatory Filing

On 9 December 2025, the board of directors of Hubei Xingfa Chemicals Group submitted a formal announcement (announcement number “临2025‑059”) to disclose the pledge and subsequent release of shares by a major shareholder.

Pledge Details

  • Pledging Shareholder: Zhejiang Jinfanda Biochemical Co., Ltd. (hereafter “Zhejiang Jinfanda”)
  • Shares Held by Zhejiang Jinfanda: 178,089,772 shares (16.14 % of total issued shares)
  • Shares Pledged: 2,400,000 shares (1.35 % of Zhejiang Jinfanda’s holding; 0.22 % of total shares)
  • Pledge Duration: 4 December 2025 to 4 December 2028
  • Pledge Beneficiary: Hangzhou Bank Co., Ltd., Tonglu Branch
  • Purpose of Pledged Funds: Daily operating cash needs
  • Pledge Status Prior to Announcement: Zhejiang Jinfanda already had 63,000,000 shares pledged (35.38 % of its holding; 5.71 % of total shares).
  • Post‑Announcement Pledge Status: No further pledge plan has been announced.

Release (Unpledge) Details

  • Unpledged Shares: 2,400,000 shares (1.35 % of Zhejiang Jinfanda’s holding; 0.22 % of total shares)
  • Unpledge Date: 5 December 2025
  • Remaining Pledged Shares: 63,000,000 (35.38 % of Zhejiang Jinfanda’s holding; 5.71 % of total shares)

The board confirmed that the pledged shares are not used as collateral for major asset restructuring or performance‑based compensation.

Disclosure Commitment

The company stated that it will comply with all applicable laws and regulations regarding information disclosure and will promptly update investors should any changes occur in the pledge status.

2025‑12‑10 – Market Context: Organic Silicon Concept Performance

  • Sector Performance: The organic silicon concept sector fell 0.98 % on 10 December, ranking among the top declines in the market.
  • Notable Stocks:
  • Declines: Dongyuan Silicon Materials, Chenguang New Materials, Jinyanhe, etc.
  • Increases: Huasheng Lithium Energy (+7.72 %), Fufang Pharmaceutical (+4.16 %), Huangma Technology (+1.27 %).
  • Capital Flow: Net outflow of 18 million CNY to 29 stocks in the sector; top outflows included Daquan Energy (−79.88 million CNY) and Hesheng Silicon Industry (−30.22 million CNY).
  • Sector Ranking: The sector’s net outflow was among the largest for the day, indicating a broader sell‑off in technology‑related shares.

Note: While the sector news does not directly affect Hubei Xingfa Chemicals Group, it provides context for overall market sentiment in the materials and chemicals space.

2025‑12‑08 – Summary of Shareholder Pledge Announcement

An early report on 8 December 2025 on the Xueqiu platform highlighted the same pledge and release event, directing readers to the official PDF of the announcement. The information matched the formal filing released the following day by the board.