Guizhou Panjiang Refined Coal (600395.SH) controlling shareholder plans to increase its holdings of the company's shares by 60 million to 120 million yuan.

Guizhou Panjiang Refined Coal (600395.SH) announced that, in recognition of the company's future development prospects and long-term investment value, and in order to protect the interests of investors and enhance investor confidence, the controlling shareholder of the company, Guizhou Energy Group Co., Ltd. (referred to as "Guizhou Energy Group"), plans to increase its holdings through the Shanghai Stock Exchange trading system in a centralized bidding manner within 12 months from the date of the official disclosure of this increase plan. The total amount of the increase shall not be less than 60 million yuan and not more than 120 million yuan, and the increase price shall not exceed 8 yuan per share.