The controlling shareholder of Zhejiang Sunrise Garment Group Co Ltd (605138.SH) intends to increase their shareholding by selling 35 million to 70 million yuan.

Zhejiang Sunrise Garment Group Co Ltd(605138.SH) announced that its controlling shareholder, Ningbo Shengtai Textile Co., Ltd. (referred to as "Ningbo Shengtai"), plans to increase its holdings of the company's A shares through methods allowed by the Shanghai Stock Exchange (including but not limited to centralized bidding, block trading, etc.). The implementation period of the increase holding plan is 12 months from the date of this announcement. There is no set price range for the increase holding, and the total amount of the increase holding is not less than RMB 35 million, and not exceeding RMB 70 million. The quantity of the increase holding shall not exceed 2% of the company's total share capital.