Shifeng Culture: the controlling shareholder and its concerted action hostage 18.67% of the company's shares

[Shifeng Culture: controlling shareholders and their concerted actions hostage 18.67% of the company's shares]-according to the announcement of Shifeng Culture, the company recently received a letter from Cai Junquan, the company's controlling shareholder, and Cai Junsong, who acted in unison. It was learned that part of its shares in the company had been pledged. The pledged shares totaled 22.4 million shares, accounting for 18.67% of the company's total share capital.