Baotailong New Materials (601011.SH) holding shareholder has accumulated to increase the company's 6.1643 million shares.

Baotailong New Materials (601011.SH) announced that as of the date of the announcement, more than half of the implementation period of the share increase plan has passed. The controlling shareholder, Baotailong New Materials Group Co., Ltd. has accumulated 616.43 million shares of the company, accounting for 0.32% of the total share capital and a total increase amount of 9.248607 million yuan. The share increase plan has not been fully implemented yet, and Baotailong New Materials Group Co., Ltd. will continue to increase its stake in the company within the specified period according to the relevant plan.