Is it good or bad to release the pledge and pledge again?

Legal analysis: 1. Generally speaking, share pledge is good, and share pledge of listed companies is neutral information, probably because the company has abundant cash flow. After all, the pledge has to pay interest, which will form a burden on the enterprise.

2. Pledge is a security interest. That is, the largest controlling shareholder of a listed company uses its own stock (equity) as collateral to apply for a loan from a bank or provide a guarantee for a loan from a third party.

3. To release the pledge is to redeem the pledged shares in the settlement company, which reduces the company's asset risk.

Legal basis: Article 427 of the Civil Code of People's Republic of China (PRC) establishes the pledge right, and the parties shall conclude a pledge contract in writing.

A pledge contract generally includes the following clauses:

(1) The type and amount of secured creditor's rights;

(2) The time limit for the debtor to perform the debt;

(3) The name and quantity of the pledged property.

(4) the scope of the guarantee;

(5) Time and method of delivering pledged property.