Sanfo Outdoor announced that controlling shareholder Zhang Heng has released 3.25 million shares from pledge, accounting for 8.03% of his holdings and 1.97% of the company's total share capital. At the same time, he pledged 7.5 million shares, representing 18.54% of his holdings and 4.54% of the total share capital. As of the announcement date, Zhang Heng's cumulative pledged shares reached 18.75 million, making up 46.36% of his holdings and 11.34% of the total share capital. In the first quarter of 2026, Sanfo Outdoor achieved revenue of 264 million yuan and net profit attributable to the parent company of 30.66 million yuan.
Beijing Sanfo Outdoor Products Co LtdControlling shareholder pledges additional shares, increasing pledge ratio to 46.36%, signaling potential financial strain.