since December 2015 it was report that 24.6 million shares were pledged to a private equity fund of New Times Securities from October 2014 to October 2015 the 5th largest shareholder (), was the second largest shareholder of Puhua Investment (9th shareholder of the bank) for 38.16% stake; the 99.67% shares of Tàishān Huáchéng Kējì had pledged to China Fortune Trust since May 2015 (a private equity fund of the trust company since 2016). the 6th largest shareholder Tài'ān Rénréndá Kējì, had pledged most of the shares (105.84 million) to China Fortune Trust since March 2015 the 7th largest shareholder (former name ) had pledged 40.9 million shares to New Times Securities since January 2017 (in 4 tranches) It was reported most of the shares had pledged to 4 private equity funds of New Times Securities in October 2015 for 1-year. the 9th largest shareholder, Puhua Investment's largest shareholder was central-government owned Potevio (39.04%); 57.82 million shares of the bank were pledged to China Fortune Trust since March 2015 The 10th largest shareholder, () was owned by Tai'an Government (via Tai'an Municipal State-owned Assets Supervision and Administration Commission) other shareholders such as Shandong Xinchazhuang Mining had pledged all its shares (37.49 million) to Bohai International Trust since March 2016 References External links Banks of China Companies based in Shandong Privately held companies of China Government-owned companies of China Companies owned by the provincial government of China